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Bitcoin Falls Below $65,000 in Latest Bout of Tariff Uncertainty
(Bloomberg) -- Bitcoin slid in early Asia trading on Monday, roiled by fresh nervousness over the status of US tariffs.
The original digital asset slid as much as 4.8% to nearly $64,300, its lowest since Feb. 6. Other tokens fared worse, with Ether, the second-largest token, retreating 5.2%.
The losses come after US officials on Sunday said trade deals already negotiated with partners remain in place, despite a Supreme Court ruling that struck down President Donald Trump’s use of emergency authority to impose tariffs.
In a social-media post on Saturday, Trump said he would increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic...