FullCrypto
Reading Time: 2 minutesPresident Trump’s recent imposition of tariffs on imports from Canada, Mexico, and China has led to a decline in Bitcoin’s price These tariffs have heightened global economic uncertainty, prompting investors to move away from riskier assets like cryptocurrencies The initial optimism surrounding Trump’s pro-Bitcoin stance has been overshadowed by the negative market impacts of his trade policies Bitcoiners sold on Donald Trump’s vision for the cryptocurrency pre-election have been handed a dose of political reality as his import tariffs have contributed to a 10% drop in its value…
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Trump’s Tariffs Undermine Promised Bitcoin Boom
Mark Hunter
17:23
Reading Time: 2 minutesPresident Trump’s recent imposition of tariffs on imports from Canada, Mexico, and China has led to a decline in Bitcoin’s price These tariffs have heightened global economic uncertainty, prompting investors to move away from riskier assets like cryptocurrencies The initial optimism surrounding Trump’s pro-Bitcoin stance has been overshadowed by the negative market
