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-0.000263991552270337 -0.000263991552270337 -0.00116596268919389 -0.000791974656811012 8.79971840901541E-05 -0.00482884547694472 0.000703977472720858 0.000703977472720858
Stock impact report

Crypto market reels in face of tariff turmoil, Bitcoin falls below $90,000 as key legislation stalls [Fortune]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Fortune
start the year, this time dipping about 7% since last week to its current price of just under $90,000 as of mid-day Tuesday. Recommended Video Other cryptocurrencies have also slid. Ethereum is down 11% in the last six days to its current price of about $3,000, and Solana is down about 14% during that time to its price of about $127. The dip comes as President Donald Trump threatened European nations with tariffs as they pushed back against his plans to take over Greenland, causing markets to scramble. Meanwhile, crypto markets faced an additional headwind as key legislation for the industry, known as the Clarity Act, became stalled after industry giant Coinbase unexpectedly withdrew its support late last week. “President Trump's threat to impose tariffs on Europe has put Bitcoin under pressure,” said Russell Thompson, chief investment officer at Hilbert Group. “The postponement of the Clarity Act in the Senate committee mainly due to concerns from Coinbase eliminated a large Show less Read more
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