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The crypto market continued to collapse on Monday as a hoped-for reprieve from President Trump's tariffs has failed to materialize. While the stock market has recovered some of its decline, crypto continues to be in the red across the board. Bitcoin (CRYPTO: BTC) is down 4.4% in the past 24 hours as of 1:15 p.m. ET, and is down 7.6% from Friday's close.

Donald Trump’s trade-war fallout has lobbed about $4,553, or 5.5%, off the price of Bitcoin so far, as markets swing aggressively and billionaires call on the president to pause his tariffs.

Trump announced reciprocal tariffs on U.S. trade partners on Wednesday.

After adopting fair-value accounting, Michael Saylor's Bitcoin-heavy firm braces for a $5.9B loss, marking a volatile shift in corporate crypto holdings' reporting.

After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off. Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull run in crypto prices. Trump, whose tariff announcements led to massive stock sell offs, has been a major promoter of the crypto industry and previously took credit when bitcoin’s price broke $100,000 in December.

An attorney has sued the Department of Homeland Security to unmask the identity of Satoshi Nakamoto, Bitcoin's mysterious creator.

The White House denied a report that it was mulling a 90-day delay on imposition of tariffs.