Bitcoin drops, ether slammed after Trump's tariffs cause global risk off move

Bitcoin drops below $97,000 as Treasury yields pressure risk assets

Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.

CNBC - Jan. 7

30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans

Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.

MarketWatch - Jan. 6

Has Trump caused the Canadian prime minister to resign?

Justin Trudeau announced his resignation on Monday

BBC News - Jan. 6

U.K.’s Starmer Slams ‘Lies and Misinformation’ After Elon Musk Attacks

Without naming Mr. Musk directly, Prime Minister Keir Starmer denounced the billionaire’s spreading of falsehoods about a child sex abuse scandal.

The New York Times - Jan. 6

Dollar drops on reports Trump will scale back tariff plans

Shares in European carmakers rally on hopes new US administration targets only critical imports

Financial Times - Jan. 6

UK leader Starmer slams 'lies and misinformation' after attacks from Elon Musk

British Prime Minister Keir Starmer has condemned “lies and misinformation” that he says are undermining U.K. democracy

ABC News - Jan. 6

Bitcoin could top $125,000 or fall toward $77,000 this quarter — depending on what Trump does next

Here are three major factors that could drive bitcoin’s price in the first quarter.

MarketWatch - Jan. 5

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