The president spoke at a "Crypto Summit" at the White House on Friday, where he was joined by major cryptocurrency figures. Meanwhile, Bitcoin's value was plummeting

It is currently trading at a price of $79,978.15, as U.S. investors grow more pessimistic about a looming recession following Trump’s warning of a "period of transition" after tariffs. “Pessimism has prevailed in the U.

US stocks tumbled, bitcoin plunged, and the Wall Street fear gauge reached its highest level as concerns regarding US President Donald Trump's economic policy resulted in widespread market selloff on Monday,

Bitcoin tumbled below $79,000 on Monday, extending its Sunday decline as fears of a recession loom. The cryptocurrency sank about 5% over the past 24 hours, and was trading at around $78,527 midday, marking a more than 13% decline over the past five days.