OREANDA-NEWS  The bitcoin exchange rate on Monday is declining along with other risky assets on the news of new foreign trade duties.

Bitcoin is falling in price by 3.7% to $76,637 by 2:45 p.m. Moscow time on Monday, according to Coindesk. Since the beginning of the year, the world's most popular cryptocurrency has fallen in price by 17.6% and is now trading at its lowest level since November last year.

Futures for the US stock index S&P 500 are falling by 2.3%, the composite European index Stoxx Europe 600 - by 4.6%. The collapse of global markets was triggered by the introduction by US President Donald Trump of new large duties for the country's foreign trading partners, which increased fears of a recession in the global economy.

Ether (ethereum), the second most popular cryptocurrency in the world, is falling by 6% to $1,480, according to Kraken.

The total capitalization of all cryptocurrencies in the world is about $2.59 trillion. Bitcoin accounts for 82% of this volume, and ether accounts for 8%.