Bitcoin Heads for First Annual Loss Since 2022 as Tariffs, Stocks Drive Volatility

Bitcoin Heads for First Annual Loss Since 2022

The world’s largest cryptocurrency, Bitcoin, is on track to post its first annual loss since 2022, as macroeconomic pressures, trade tensions and weakening momentum weighed on the digital asset. Despite reaching a record high earlier last year, bitcoin has struggled to regain traction since October. The digital asset suffered its steepest monthly decline since mid-2021 … Read more

Bitcoin Tumbles Toward $80K; Pressure Mounts on Crypto Stocks

Bitcoin slumped to a seven-month low

Bitcoin slumped to a seven-month low, nearing the critical $80,000 mark amid a broader retreat from risk assets driven by fears over stretched tech valuations and doubts about the timing of U.S. interest rate cuts. The world’s largest cryptocurrency dropped to $80,553 while ether sank to a four-month low, extending a weeklong slide that has … Read more