Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in Crypto: Bitcoin slumped as Europe considered firing a “trade bazooka” at the US, market analyst Michaël van de Poppe says CLARITY Act stalling is actually good news for the industry, and an expert warns that nearly four out of five crypto projects that suffer a major hack never fully regain their footing.
Bitcoin fell almost $3,500 on Monday as Europe hinted at retaliatory measures against US President Donald Trump, who threatened new trade tariffs unless negotiations could begin over Greenland.
Over the weekend, Trump announced plans to impose 10% tariffs starting Feb. 1 on imports from several European countries — including Denmark, Sweden, France, Germany, the Netherlands and Finland — as part of a broader escalation tied to Greenland tensions.
