Bitcoin falls 7% as Trump implements new tariffs

ISTANBUL

The price of Bitcoin fell 7.09% on Monday after US President Donald Trump signed an executive order Saturday imposing tariffs on imports from Mexico, Canada, and China.

The current price of Bitcoin is at around $94,250 as of 0830GMT, and its market cap decreased to $1.86 trillion.

Bitcoin's transaction volume in the last 24-hour period was around $97.4 billion.

Last month, the price of Bitcoin saw the highest-ever value of around $109,000 due to Trump's inauguration.

Ethereum prices also decreased by 21% to $2,567 over the same period.