Bitcoin live: Trump tariffs create market panic as crypto price tumbles to $89k
Sign up to our free weekly IndyTech newsletter delivered straight to your inbox
Sign up to our free IndyTech newsletter
Sign up to our free IndyTech newsletter
The price of bitcoin has dramatically crashed amid broader fears across the market.
It is the most dramatic crash of Donald Trump’s presidency, after a period that has seen huge surges linked to his commitments to put crypto at the heart of his administration.
But the price fell quickly on Tuesday morning as tariffs and other fears also dragged stock markets down.
Analysts have also suggested that the industry is still awaiting promised support from Trump for the crypto market, including plans to launch a Bitcoin Strategic Reserve.
The fat also came amid a major…
