THE TELEGRAPH: Cryptocurrency tumbles as US president fuels geopolitical uncertainty
Bitcoin’s entire Trump-era gains have been wiped out after the cryptocurrency was hit by a fresh market sell-off.
The price of Bitcoin dropped sharply over the weekend to around $77,000 (£56,000) as investors fled the notoriously volatile asset.
The losses pushed Bitcoin to its lowest level since last April, when the US president shocked global markets with sweeping tariffs on his so-called “liberation day”.
It signals a reversal of fortunes for Bitcoin after the cryptocurrency surged to almost $125,000 late last year, buoyed by a series of crypto-friendly measures introduced by Mr Trump. » | James Warrington, Media and Telecoms Editor | Sundai, January 1, 2026