Bitcoin slips 5% below $117,000 mark
Crypto and equity markets tumble amid escalating trade tensions, with Ethereum dropping under $4K and Solana nearing $200.
Bitcoin fell below $117,000 today, declining nearly 5% on the day and nearing the $116,500 mark amid broad market volatility following comments from U.S. President Donald Trump threatening new tariffs and countermeasures against China.
Ethereum dropped below $4,000, while Solana traded close to $200 as the wider crypto market turned sharply red. The downturn mirrored a broader selloff in equities, with the S&P 500 falling nearly 3% and the Nasdaq sliding close to 4% as investors reacted to renewed trade tensions and risk-off sentiment.
Meanwhile, gold recouped the $4,000 mark after a brief dip yesterday, reflecting a renewed shift toward safe-haven assets amid escalating market uncertainty.
Bitcoin (BTC) price
Full chart and statsLoading chart…
- Price
- $75,887
- 24h change
- +0.6%
- Market cap
- $1.5T
- 24h volume
- $19.5B
- Circulating supply
- 20.1M BTC
CoinGecko data as of Nov 7, 9:36 AM EST.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
