Cryptocurrencies, including Bitcoin, the world's most famous cryptocurrency, declined on Monday amid a widespread sell-off following US President Donald Trump's announcement about tariffs.
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According to Bloomberg news agency, Bitcoin dropped by 3.59% to reach $74,894.5, according to platforms specializing in cryptocurrency tracking.
This marks the first time Bitcoin has fallen below the $75,000 mark since November 7, 2024, giving up most of the gains it had made since Donald Trump's victory in the presidential race last November, amid a wave of decline.