Bitcoin Slips Below $79,000 as Markets Slide Amid Tariff Concerns

Benzinga

Bitcoin and other cryptocurrencies dropped on Thursday alongside the broader market, giving back much of Wednesday’s historic gains, according to CNBC. Bitcoin fell over 3% to nearly $79,000, while Ether and Solana declined. The S&P 500 also fell more than 3%, with Coinbase sliding 4% and bitcoin proxy Strategy down 8%. Investors are increasingly concerned that President Donald Trump’s paused tariffs may not prevent broader economic fallout, especially as higher rates remain in place for China.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Bitcoin and other cryptocurrencies dropped on Thursday along the broader market,

00:06giving back much of Wednesday's historic gains, according to CNBC.

00:10Bitcoin fell over 3%, nearly $79,000, while Ether and Solana declined.

00:15The S&P 500 also fell more than 3%, with Coinbase sliding 4%,

00:18and Bitcoin proxy strategy down 8%.

00:21Messers are increasingly concerned that President Donald Trump's paused tariffs

00:24may now prevent broader economic fallout, especially as higher rates remain.

00:28For all things money, visit Benzinga.com slash GSTV.

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