Bitcoin hovers at $114k after steep losses on tariff, economic fears

Source: Investing.com

“Bitcoin moved little on Monday, steadying after logging steep losses over the past week as concerns over softening U.S. economic growth and looming trade tariffs dented appetite for risk-driven assets. Broader crypto prices rose marginally, but were also nursing from last week’s risk-off move, while some elements of profit-taking remained in play. Bitcoin rose 0.6% to $114.268.8 by 01:25 ET (05:25 GMT). Recent buying by major corporate holders did little to stem losses in Bitcoin, which was down nearly 3% in the last five days. Bitcoin sank in tandem with Wall Street on Friday, after nonfarm payrolls data for July read substantially weaker than expected.” (08/024/25)

https://www.investing.com/news/cryptocurrency-news/bitcoin-price-today-hovers-at-114k-after-steep-losses-on-tariff-economic-fears-4166947