Donald Trump's decision to impose tariffs on imports from Canada, Mexico, and China led to a steep drop in bitcoin and broader equity markets on Monday.

China has responded with its own tariff measures against some US goods as crypto took another dive early Tuesday.

It costs U.S. miners approximately $81,650 to mine one Bitcoin in 2025. Cryptocurrency mining stocks declined by over 5% following the U.S.-China tariff announcements. U.S.

Bitcoin was struggling for direction Tuesday as investors weighed up how President Donald Trump’s trade policies will affect cryptocurrency prices. The world’s largest token climbed when Trump paused plans for 25% tariffs on goods from Mexico and Canada,

The crypto market rebounded more than 5% in the last 24 hours as Trump delays his proposed 25% tariffs on Canada and Mexico.