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Bitcoin falls as investors slash gains from historic rally on U.S. tariffs pause
Cryptocurrencies pulled back with the broader market as investors gave back more than half of Wednesday’s historic rally. The price of bitcoin was last lower by more than 3% at $79,465.09, according to Coin Metrics. Ether dropped nearly 8% and Solana’s SOL token tumbled more than 7%. Meanwhile, the S&P 500 stock index lost 4.6%. Coinbase fell 8%, while bitcoin proxy Strategy lost 8%. Investors are growing more and more worried that despite the short reprieve on some of the tariffs that President Donald Trump had paused on Wednesday — which stoked a broad market rally that propelled the S&P 500 to its biggest ... (full story)
