India, April 3 -- Bitcoin as well as other major cryptocurrencies fell after US President Donald Trump imposed tariffs on trading partners worldwide, which triggered a slump in risky assets.
Bitcoin, which is the largest of such digital asset in terms of market cap, fell as much as four per cent to about $82,000 on Thursday morning, according to a Bloomberg report.
Even other cryptocurrencies such as Ethereum and XRP dropped in value. Ethereum was down 2.96 per cent, trading at $1,823.34, while XRP was down 2.21 per cent, trading at $2.05.
Solana meanwhile, had at one point, lost more than nine per cent of its value.
This came after Trump announced on Wednesday that he will impose a minimum 10 per cent tariff on all exporters to the U...
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