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Cryptocurrency News Articles
Bitcoin Extends Retreat, Dropping Below $80,000 as Trump Announces New Tariffs
Apr 04, 2025 at 12:09 am
Bitcoin extended its recent retreat Thursday, with the price of the leading cryptocurrency falling in the wake of President Donald Trump's latest tariff announcement.
President Donald Trump's latest tariff announcement has seen Bitcoin extend its recent fall.
Bitcoin dropped to levels just above $82,000 following the late-Wednesday news of new tariffs that shook global markets and saw interest in risk assets erode.
The news also saw crypto-related stocks come under pressure. Strategy (MSTR), the Bitcoin buyer that recently changed its name from MicroStrategy, was seen down more than 7%. Coinbase Global (COIN) fell close to 7%, and Robinhood Markets (HOOD) slipped about 9%.
Crypto mining company Mara Holdings (MARA) was also seen falling more than 8%.
Bitcoin's pullback sees it extend a slide from six-digit prices last seen in February after a runup was driven by optimism about cryptocurrency in the wake of Trump's election win.
The total market cap of cryptocurrency, recently around $2.6 trillion, has seen a decline of some 6% over the past 24 hours, according to CoinMarketCap data.
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- TRON Hits 99.7% Block Production Efficiency, Underlining Its Growing Decentralization
- May 07, 2025 at 11:50 pm
- According to new data from CryptoQuant, the TRON blockchain has achieved a remarkable 99.7% block production efficiency, a milestone that underscores its growing role as one of the most reliable and decentralized high-throughput chains in the space.
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- Stacks (STX) Price Soars 65% as Bitcoin's Resurgence to $97k Sparks Excitement Across Crypto Market
- May 07, 2025 at 11:50 pm
- Bitcoin's resurgence to $97k has sparked a wave of excitement across the crypto market, including Stacks (STX). The Bitcoin layer-2 solution, designed to bring smart contracts and decentralized apps to the Bitcoin ecosystem, has seen its price surge in tandem with BTC's rally.
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- Principal Protocol (PRN) is a revolutionary platform that tokenizes real-world assets, particularly real estate, on the blockchain.
- May 07, 2025 at 11:45 pm
- This innovative approach allows users to own fractions of premium properties worldwide, eliminating traditional barriers to real estate assets.
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- Lista DAO and World Liberty Financial (WLFI) Announce Strategic Partnership to Enhance DeFi Accessibility and Utility
- May 07, 2025 at 11:40 pm
- This partnership will leverage both entities' expertise to introduce innovative financial solutions, providing users with greater opportunities to engage with stablecoins
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- The institutional acceptance of crypto around the world has accelerated significantly recently, developing hand in hand with better-defined regulation.
- May 07, 2025 at 11:35 pm
- Here, BlockFills CEO Nick Hammer discusses the reasons for crypto's increasing institutional usage and some of the latest products responding to that demand.
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