Bitcoin (BTC) is up 1.1% this week to $98,047,
rebounding from a sharp 5.8% decline to $91,188 on Monday, its lowest level
since January 13. Prices later recovered, reaching a peak of $101,917. Monday
sell-offs are becoming a pattern. Last week, BTC tumbled 6.4% on January 27
after Donald Trump announced new tariffs on Colombia. This time, tariffs on
Mexico, Canada, and China triggered another market-wide sell-off, with BTC
dropping 10.8% between Saturday and Monday. Ethereum (ETH) also plunged 37.2%
to $2,082.
Trump’s stance on tariffs is disappointing for
crypto enthusiasts.