Bitcoin value dives as uncertainty grips global cryptocurrency market

Weighing on cryptocurrency prices was the Trump administration’s imposition of 25 per cent tariffs against Canada and Mexico

After jumping on US President Donald Trump’s talk of creating a national cryptocurrency reserve, bitcoin and similar digital assets dove in the face of concerns it might not actually happen. Photo: Shutterstock
Bitcoin’s price plunged nearly 10 per cent, as an escalating trade war and uncertainty over creation of a United States cryptocurrency reserve fund sent investors running from risk.
After jumping on US President Donald Trump’s talk of creating a national cryptocurrency reserve, bitcoin and similar digital assets dove in the face of concerns it might not actually happen.
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