Bitcoin, the world's largest cryptocurrency token, tanked 3.6% in the aftermath of United States President Donald Trump's new Greenland-related tariffs on eight European allies over the past weekend.

Bloomberg cited data from CoinGlass showing that around $600 million of bullish bets on cryptocurrencies were liquidated in the past 24 hours, largely driven by uncertainty as investors sought safer havens.

Early on 19 January, Bitcoin slipped by 3.6% to below $92,000, while the second largest token, Ethereum, fell 4.9% and Solana shed 8.6% #BTC突破7万大关 #write2earn🌐💹$BTC

BTC

90,043.28

+0.39%