Bitcoin Faces Severe Setback and Dips Towards $90,000! Trump's Tariffs Unsettle the Market!
Reading Time: 3 minutes
The digital currency Bitcoin (BTC-USD) fluctuated around the $95,000 mark overnight and dipped towards $90,000 as investors decided to turn their backs on risky investments. U.S. President Donald Trump imposed long-threatened tariffs on products from Canada, Mexico, and China over the weekend, significantly increasing the possibility of a newly emerging trade war. Global markets and various cryptocurrencies subsequently saw a noticeable drop in prices. 25% on Canadian and Mexican goods and 10% on Chinese products Starting Tuesday, Canadian and...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
