Bitcoin Nears $80,000 Level in Worst Month Since 2022
Bitcoin fell nearly 20% over the past month — its worst performance over a month since June 2022 — as concerns about rising tariffs led to a sharp sell-off in crypto. This decline comes after investors had been optimistic about the potential for looser regulatory environments under President Trump's administration, which was seen as pro-crypto. The recent losses have partly erased those gains, with macroeconomic uncertainty and a $1.5 billion crypto exchange hack contributing to the pullback among investors.
- As the cryptocurrency market continues to grapple with volatility, it remains unclear how policymakers will strike a balance between regulatory oversight and industry growth.
- Can Bitcoin recover from its current slump without a fundamental shift in investor sentiment or a change in global economic conditions?