Market Update

Bitcoin price (BTC) is lower after Mexico, Canada, China’s tariff

It is Deja Vu again in Crypto after the White House has been reported to delay the tariff.

For the review, President Trump promised on Thursday to impose a 25 % tariff on Mexico and Canada, starting on Saturday, February 1. After more than 106,000 dollars gathered before this news, Bitcoin (BTC) quickly Reverse 2 % less To about 104,000 dollars. American stocks abandoned a large part of the previous gains, although the session is still finished in green.

Friday, then bring a Reuters report The definition proposal will be delayed until March 1, when an operation has been placed to allow countries to search for exemptions for some exports.

The White House, though this report described a “error” with the journalist of Trump Caroline Levit Minutes ago telling journalists Customs duties – including 10 % tax in China – will enter into force tomorrow.

Similar to Thursday, Bitcoin increased earlier than $ 106,000 and appears to be a challenge of a new record of more than $ 109,000. However, the customs tariff news again sent prices decreased, as Bitcoin is trading slightly less than $ 103,000 at the time of the press, a decrease of 2.3 % over the past 24 hours.

The most widespread Coindsk 20 Index It was outside 1.3 % on the same time frame, mostly outperforming ETHER (ETH) 1.2 %.

I find a traditional market examination that American stocks are still modest, but one of the best levels of the session.



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