News
Bitcoin Drops to $77,000, Crypto Shares Slip
Bitcoin slipped in Tuesday trading, dropping from morning levels as investors continued to evaluate Trump administration trade policy.
The leading cryptocurrency by market cap was recently changing hands around $77,000 at its low for the day and down from levels around $80,000 seen earlier today.
Several crypto-related stocks were trading lower in afternoon action. Strategy ( MSTR ), the bitcoin buyer and software company formerly known as MicroStrategy, was recently off nearly 5%. Crypto exchange Coinbase Global ( COIN ) was down about 2%. Mara Holdings ( MARA ), a bitcoin miner, slid more than 4%.
Bitcoin has generally fallen this year, taking a hit lately as investors have been wary about risk assets amid uncertainty about tariffs , stubborn inflation and economic health.
On Tuesday, stocks were recently clinging to gains though also below earlier highs. (Read
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today’s trading here
.)
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