Market Update

Trump’s tariff, war tariff, shakes the blades, Bitcoin Fols

Bitcoin fell to less than $ 100,000 after a new tariff imposed on the main trading partners by US President Donald Trump. Investors’ reaction to the news quickly was, and the cryptocurrency markets witnessed great fluctuations. On Monday morning in Asia, Bitcoin decreased by approximately 7 %, reaching the lowest level in three weeks about 93,543 dollars. Meanwhile, ETHEREUM (ETH) decreased by 18 % since yesterday, and returned to price levels that have not been seen since early November. The sharp decline is a period of discomfort in the cryptocurrency sector, which has become increasingly sensitive to the broader economic transformations.

Trump’s decision to impose a 25 % tariff on imports from Mexico and most Canadian commodities, as well as a 10 % tariff on Chinese imports, on Tuesday. This development shook the global markets, causing a decline in risky assets, including cryptocurrencies. Since cryptocurrency traded around the clock throughout the week, their prices have been quickly adjusted in response to the economic uncertainty caused by the definitions.

Crossed currencies interact with economic uncertainty

The encrypted currency market to announce the Trump tariff confirms the sector’s sensitivity to global economic events. According to market analysts, definitions can have long -term effects. It can contribute to the stress of inflation, high interest rates, and deter investors of risk assets such as encryption.

Chris Weston, Pepston’s research head, highlighted how encrypted currencies became a “risk agent” in times of uncertainty in the market. He explained that “Crypto is in fact the only way to express risks during the weekend, and on news like this, Crypto resort to the risk agent.” Weston’s comments emphasize the increasing role of digital currencies as a scale for the broader market feelings, especially during the volatile periods.

Bitcoin, ethereum and SolaNa prices decrease

The price of Bitcoin, in particular, achieved great success, decreased to 93,543.49 dollars (153,700 dollars), which represents a decrease of 4.8 % over the past 24 hours. According to Coingecko data, BTC decreased by 4.6 % compared to its value seven days ago. The global cryptocurrency market felt the definition unit, with major digital currencies after Bitcoin’s progress.

MNA/

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