Bitcoin experienced a significant downturn after the U.S., led by President Trump, increased global tariffs from 10% to 15%, causing the cryptocurrency to fall below $65,000. This decline, observed during Asian trading, jolted the market, causing around $230 million in long position liquidations.
Continue Reading:Market Turmoil: Tariff Shocks and Bitcoin’s Volatile Journey
Source: https://en.bitcoinhaber.net/market-turmoil-tariff-shocks-and-bitcoins-volatile-journey