Market News
Bitcoin slides below $100,000 as tariffs rattle markets - REUTERS
SINGAPORE, Feb 3 (Reuters) - Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.
Bitcoin was down more 4% early on Monday morning in Asia, touching a three-week low around $96,606. Smaller cryptocurrency ether was down around 12% and back to levels last seen in early November.
Over the weekend, U.S. President Donald Trump imposed 25% tariffs on Mexican and most Canadian imports, and 10% on goods from China, starting on Tuesday.
