Bitcoin Heads for Worst Month Since Crypto Collapse of June 2022

Bitcoin is also on track for a fifth straight monthly decline, its longest losing streak since 2018 — a bruising period for crypto markets defined by the unraveling of an initial coin offering boom. The slide — which extends a selloff that began in October — comes amid broader risk-off sentiment across global markets after President Donald Trump announced plans to raise global tariffs to 15%, a move that unsettled investors and weighed on equities and other higher-risk assets. “President Trump’s decision to raise global tariffs to 15% rattled risk assets broadly, and Bitcoin moved with them,” said Rachael Lucas, crypto analyst at BTC Markets.