Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat looms

Bitcoin price tanks below $92,000 mark, crypto investors lose $100 billion as Trump tariff threat looms

The selloff in risk assets, including Bitcoin, began last week, spurred by worries over the US economy. The slide was exacerbated by President Donald Trump’s escalating tariff threats and the Federal Reserve’s hawkish stance on interest rates

Bitcoin’s volatility and lack of intrinsic value have been long-standing criticisms. Image Credit: Reuters