April 6, 2025
Bitcoin, Crypto Stocks Fall After Trump Tariff News
 #CriptoNews

Bitcoin, Crypto Stocks Fall After Trump Tariff News #CriptoNews

Financial Insights That Matter

Bitcoin fell late Wednesday after President Donald Trump’s latest tariff announcement roiled markets.

The leading cryptocurrency recently changed hands a bit above $83,000, dropping from near $88,000 just before Trump unveiled the trade policies late this afternoon.

Trump formally announced reciprocal tariffs that hit a broad swath of countries, including a range of large U.S. trading partners. Stocks had risen during the day, but many were hard hit in after-hours action.

Risk assets in particular pulled back, with the “QQQ” ETF tracking the tech-focused Nasdaq 100 index retreating some 4%.

Several crypto-related stocks also fell in after-hours trading. Strategy (MSTR), the big bitcoin buyer formerly known as MicroStrategy, was recently down about 7%. Crypto exchange Coinbase Global (COIN) fell 6%, while Robinhood (HOOD) dropped about 9%.

#1a73e8;">Boost Your Financial Knowledge and Achieve Stability

Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.

#1a73e8;">Top Financial Tips for Saving and Investing

  • Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
  • Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
  • Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.

Leave a Reply

Your email address will not be published. Required fields are marked *