Bitcoin is down 10% to around $76,000 after President Trump's global tariffs, far below its record $110,000 high at Trump's January 20 inauguration (David Yaffe-Bellany/New York Times) 07-04-2025

David Yaffe-Bellany / New York Times:
Bitcoin is down 10% to around $76,000 after President Trump’s global tariffs, far below its record $110,000 high at Trump’s January 20 inauguration — The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset.