Bitcoin falls below $65,000 as Trump tariff moves raise uncertainty

Bitcoin fell more than 5% to below $65,000 on Monday after US President Donald Trump announced plans to raise global tariffs to 15%.

The decline came as Asian stocks rose in early trading, underscoring the cryptocurrency’s divergence from regional exchanges amid renewed tariff uncertainty.

Bitcoin has seen a sharp selloff since October last year, when it surpassed $125,000, and this decline has extended into the new year. The world’s largest cryptocurrency is down 26% so far this year and has lost over 47% since its October high.

This is breaking news. Please refresh for updates.