On Monday, the main electronic currency bitcoin was largely abandoned by investors. The currency falls below the bar of 80,000 dollars, after the announcement of massive tariffs by the American government and fears of retaliation from the main trading partners

Around 10:00am, bitcoin dropped 8.9% to 75,485.39 dollars, leaving far behind the historic record of 109,114 dollars reached at the end of January and returning to its level of November 2024. According to Timo Emden, an analyst at Emden Research, “investors are turning their backs on risky asset classes and continue to play it safe in the face of recession fears that are regaining the upper hand.” The latter believes that the hope of a cut in key rates by the American Federal Reserve (Fed) could prevent greater losses.