Market Selloff: Bitcoin Down 25% From All-Time High, Tesla Sinks | 02/28/2025
Statele Unite
European equities dropped, tracking Asian shares lower, as US President Donald Trump’s latest pronouncements on trade tariffs drained investor appetite for riskier assets. Bitcoin plunged, extending declines from its January peak to over 25%. Regardless of how Friday turns out, February has been a terrible month for Tesla, with the stock dropping 14 of the 19 trading days in the month, including the past six straight. Trump said 25% tariffs on Canada and Mexico would come into force from March
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