Bitcoin drops below $77,000, Ethereum hits 16-month low amid US recession fears

 


Bitcoin fell below $77,000, and Ethereum reached a 16-month low on Tuesday as concerns over a potential U.S. recession grew. Major cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin, continued to lose value as fears mounted that escalating trade tensions could hurt U.S. economic growth.

Market sentiment soured further after former U.S. President Donald Trump, in a Fox News interview, spoke about a "period of transition" without predicting whether his tariff policies could trigger a recession.

Comments