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Smaller cryptocurrencies fall more than bitcoin after Trump's tariff surprise

From morningstar.com

Smaller cryptocurrencies have been falling harder than bitcoin after President Donald Trump on Wednesday announced his latest tariff plans - which were much more severe than expected - as investors scaled back riskier investments in the digital-asset space. Bitcoin traded at around $82,312 Thursday, down roughly 1.4% over the past seven days, according to the Dow Jones Market Data. It was roughly 25% below its record high of $109,225 reached on Jan. 20, Trump's Inauguration Day. While bitcoin is highly volatile, it is often seen as a "blue-chip" investment within the crypto space, as the token has the largest ... (full story)

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  • Category: Fundamental Analysis