The price of Bitcoin fell 3.5% on Thursday and continued its downward trajectory from earlier this week despite United States President Donald Trump's call for the US to become the "undisputed Bitcoin superpower."
Investors remained focused on the impact of Trump's tariffs on the economy and the renewed tensions in the Middle East.
Bitcoin slumped 3.55% at 12:47 pm ET and sold for $83,811.210, while Ethereum sank 5.01% at the same minute to sell for $1,954.4662.