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FinanceFebruary 28, 2025by hippo2022Bitcoin slides more than 5% to lowest level since November 11

By Rae Wee

SINGAPORE (Reuters) – Bitcoin dropped to its lowest level , dragged by uncertainty about U.S. President Donald Trump’s tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack in rival crypto currency ether.

Bitcoin, the world’s largest cryptocurrency by market value, was last down on the day at , trading below $80,000 for the first time since November 11.

(Reporting by Rae Wee and Kevin Buckland)

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