Cryptocurrencies tumbled in a risk-off move after President Donald Trump
hit Canada, Mexico and China with long-threatened import tariffs.
The price of bitcoin
fell 2% Monday to $95,722.77, down from a price above $102,000 before
the weekend, according to Coin Metrics. Ether plunged 12% to around
$2,600. It was trading above $3,300 Friday.
Shares of Coinbase and MicroStrategy lost about 5% each in premarket
trading.
The slide began Saturday evening after Trump signed an order imposing
25% tariffs on imports from Mexico and Canada, as well as a 10% duty on
China. It accelerated Sunday night.
https://www.cnbc.com/2025/02/02/bitcoin-dips-below-97000-after-trump-orders-tariffs-smaller-cryptocurrencies-tumble.html
Looks like the Melania coin is becoming worthless
https://coinmarketcap.com/currencies/melania-meme/
(select a longer time window than the default). $Twump coin isn't doing
too great either:
https://coinmarketcap.com/currencies/official-trump/
Oh, wellski. Just Hustle America First.
--
“We need to acknowledge he let us down. He went down a path he shouldn’t have, and we shouldn’t have followed him. We shouldn’t have listened to him, and we can’t let that happen ever again”.
-- Nikki Haley
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)