Ongoing uncertainty surrounding US President Donald Trump's tariff strategy has driven Bitcoin's value below the $75,000 mark on Monday.
Data from CoinMarketCap reveals that the overall cryptocurrency market has contracted by approximately 10.58% over the past 24 hours, with its total value falling to around $2.39 trillion.
Bitcoin, which was trading at about $74,980 as of 0700 GMT, saw its price plunge by over 10% in the last day amid fears that the aggressive tariff policy could spark a wide-scale trade war and trigger a global economic slowdown. Several of Trump's trade partners, including China and the European Union, have already announced countermeasures in response to the new tariffs.
Before Trump's April 2 announcement that the US would impose tariffs on 185 countries, Bitcoin was valued at roughly $87,000. During his election campaign, Trump had promised to transform the United States into the world's crypto center by backing digital assets and even floated a “national bitcoin reserve plan.” However, despite his support for digital currencies, he has yet to fully deliver on these promises. Notably, Bitcoin reached an all-time high of over $109,000 on the day Trump took office.
Ethereum, the second-largest cryptocurrency by market capitalization, also experienced a steep decline, dropping about 22% to approximately $1,421.
US President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, under the Treasury Department.
Bitcoin and ether, the two largest cryptocurrencies by market capitalization, plunged to multi-month lows on Tuesday amid a broad market sell-off and heightened uncertainty following last week's hack that siphoned $1.5 billion in ether from the crypto exchange Bybit.
Bitcoin fell below $100,000 on Monday, hitting an 11-day low as market caution spiked following the debut of a Chinese AI model that triggered a selloff in Western tech stocks.
Bitcoin surged 2.5% to $104,736 after Trump’s executive order on cryptocurrency, while Ethereum rose 4%. Market cap hit $2.07T amid regulatory and tech advancement plans.
Bitcoin has hit a new all-time high, peaking at $109,241 before settling at $108,096.98 (+2.84%), according to Binance data.
Israeli Prime Minister Benjamin Netanyahu has postponed a planned visit to Azerbaijan due to ongoing domestic and regional developments.
A tragic vehicle crash at Ninoy Aquino International Airport (NAIA) in Manila on Sunday morning has left two people dead, including a young girl, and injured three others, according to officials.
Russia announced on Sunday that Chinese President Xi Jinping will arrive in Moscow on an official visit from May 7 to 10, coinciding with events marking the 80th anniversary of the Soviet Union's victory in World War II.
Fans of Rockstar Games' iconic franchise will need to exercise more patience, as the highly anticipated Grand Theft Auto VI has officially been delayed again—this time until May 26, 2026.
On May 3, President of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva met with Patriarch Kirill of Moscow and All Russia, who is visiting Baku.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
A vehicle crashed into a crowd at a Filipino festival in Vancouver, killing 11 and injuring dozens.
New Tesla registrations in Denmark collapsed 67 % in April to 180 vehicles, industry data showed Thursday, underscoring a sharp demand drop for the EV maker in one of its once-strong European markets.
Roman Catholic cardinals will meet in a secret conclave to elect the new leader of the global Church starting from May 7, a senior Vatican source said on Monday.
As President Donald Trump reaches the end of his first 100 days in his second term, his presidency has been marked by significant executive actions, controversial immigration policies, economic volatility, and a major reorganization of the federal government.
After nearly six decades at the helm, Warren Buffett says he will step down as CEO of Berkshire Hathaway, naming Greg Abel as his successor.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Azerbaijan’s Minister of Energy Parviz Shahbazov held a bilateral meeting with Gareth Thomas, the UK’s Parliamentary Under Secretary of State (Minister for Services, Small Businesses and Exports) at the Department for Business and Trade to discuss key issues on the bilateral cooperation.
Mercedes-Benz(MBGn.DE), opens new tab plans to begin producing a new vehicle at its Tuscaloosa, Alabama, plant in 2027, the company said Thursday, the latest in a series of investments carmakers have announced following U.S. President Donald Trump's aggressive auto tariffs.
Azerbaijan Railways (ADY) will buy seven new locomotives and spare parts from Chinese company "CRRC Ziyang Co., Ltd”. under a $26 million agreement.
Israeli Prime Minister Benjamin Netanyahu has postponed a planned visit to Azerbaijan due to ongoing domestic and regional developments.
A tragic vehicle crash at Ninoy Aquino International Airport (NAIA) in Manila on Sunday morning has left two people dead, including a young girl, and injured three others, according to officials.
Russia announced on Sunday that Chinese President Xi Jinping will arrive in Moscow on an official visit from May 7 to 10, coinciding with events marking the 80th anniversary of the Soviet Union's victory in World War II.
Fans of Rockstar Games' iconic franchise will need to exercise more patience, as the highly anticipated Grand Theft Auto VI has officially been delayed again—this time until May 26, 2026.
On May 3, President of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva met with Patriarch Kirill of Moscow and All Russia, who is visiting Baku.
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