Bitcoin, XRP and Dogoin fall quickly, as Trump’s tariff confirmed

Bitcoin’s price is less than 101,600 dollars on Friday, after the administration of President Donald Trump confirmed that the customs tariff for China, Mexico and Canada are imminent. The Glung Bitcoin paid almost 3 % over the past day at a current price of $ 102.060.

during press conferenceWhite House press secretary Caroline Levit said that the president will soon implement a 25 % tariff on Mexico and Canada, while China will face 10 % of the tariff. She said that taxes on imported goods will be in effect when customs duties are completely detected.

Analysts said these definitions Be able to Pressing the price of bitcoin indirectly, which contributes to the power of the US dollar in the short term.

Meanwhile, the Federal Reserve monitors how potential transformations in politics, immigration and trade can affect inflation. During the Federal Reserve Policy meeting, officials He expressed concern This inflation to its 2 % goal may be a challenge under the new president, given the potential policy attacks.

While the customs tariff can affect the timing of price discounts, which have flourished Bitcoin so far. Decipher The flow of capital on the market may also have an immediate effect.

He said: “The protective definitions tend to slow the capital market flows.” “Investors may be anxious that definitions can drain liquidity into alternative investments such as encryption.”

Before a decrease on Friday, the price of Bitcoin regained the losses that were seen earlier this week as Chinese Deepseek shake Technology markets. On Thursday, the original price came within 3 % of its highest level ever at 108,780 dollars, and his right along with Trump’s inauguration on January 20.

In Wall Street, the main stock indicators fell to the confirmation of Levitte. The S&P 500 decreased by 0.5 %, while the nasdaq technology compound shaved 0.3 %. Dow Jones Industrial Malce 338 points.

At the beginning of this month, the price of bitcoin bag Above 100,000 dollars for the first time in weeks after Washington Post I mentioned that the Trump administration was studying the associated tariff plan.

Trump pushed again against mailReport, but the US dollar is still weak.

“The story in the Washington Post, quoting the so -called unknown sources, which do not exist, is incorrectly state to publish To social truth.

Before the press conference on Friday, according to what was reported, the Trump team weighs a gradual approach to the definitions, which may increase it every month, for every month, for every month Bloomberg News.

When Bitcoin fell, some heroes showed greater losses over the past day. The price of XRP decreased by 3 % to $ 3.04, while the price of Solana decreased by more than 4 % to $ 230. Dogecoin’s decreased less than 2 % a day to a current price of $ 0.327, although it decreased sharply after the outbreak of customs tariffs. However, the ETHEREUM price increased by 2 % over the past day to $ 3,315.

Edit Andrew Hayouard