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.

Germany's Deutsche Boerse will offer cryptocurrency custody and settlement services for institutional clients from next month, the company said on Tuesday, becoming the latest firm to offer custody management for bitcoin and ether.

Deutsche Boerse’s post-trade unit Clearstream said it will offer cryptocurrency settlement and custody services to institutional clients later this year, marking the latest push into the digital asset class by a major European financial institution.

Deutsche Börse Group is doubling down on its crypto foray with its subsidiary Clearstream entering the crypto custody market. According to an announcement on Mar. 11, the Germany-based post-trade powerhouse will as from April 2025 offer Bitcoin (BTC) and Ethereum (ETH) custody services.