• About
  • Advertise
  • Careers
  • Contact Us
Sunday, June 22, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home Economy Digital Assets

Bitcoin Down to $77k amid Trump Tariff War

by Destiny Eseaga
April 7, 2025
in Digital Assets
0
Convert Bitcoin to Naira
Bitcoin to Naira

Bitcoin to Naira

UBA
Advertisements

The price of Bitcoin slumped to $77,158.52 as of 11:30 AM  WAT on Monday, riding on the back of newly imposed trade tariffs by President Donald Trump on all goods being exported to the United States by countries, according to price data from Blockchain.

The digital currency, which started the year at $94,419.76, has now lost 18.28 percent of its value, wiping off about $291 billion in investors’ funds.

It is currently trading 6.65 percent below the $83,504.80 it closed at on Saturday, April 5, 2025.

Bitcoin had rallied in the weeks after the election victory of President Trump, who was pro-crypto and vowed to make the U.S. a Bitcoin superpower.

However, an escalation of trade tariffs and fears of slowing growth have weighed on the digital currency.

Bitcoin is posting its worst first-quarter performance since the first three months of 2018, according to Dow Jones Market Data.

Despite this, some analysts still see potential for a rebound, according to reports. “Despite near-term volatility, uncertainty is decreasing, and institutional buying pressure is returning. With key catalysts aligning, we expect Bitcoin to rebuild momentum and make another attempt at $90,000 in the near future,” said BRN analyst Valentin Fourner.

Loading

Advertisements
MTN ADS

0Shares
Tags: Bitcointrade tariffsTrump Tariff
Destiny Eseaga

Destiny Eseaga

My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

Next Post
SigIQ.ai Emerges from Stealth with $9.5M

AI Tutoring Startup SigIQ.ai Emerges from Stealth with $9.5M to Democratize Elite Education

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

ARISE IIP

ARISE IIP Secures $450 million Afreximbank Facility for Industrial Parks

4 months ago

Mastercard Partners Cellulant to Bolster Global E-Commerce Transactions

3 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.