#TariffHODL #Bitcoin's Value Drops Amid US-China Trade Tensions

$BTC value briefly went above $100,000 but couldn't stay there. This is because of growing trade tensions between the US and China.

*What's happening:*

1. The US put a 10% tax on Chinese goods.

2. China responded with its own taxes on US goods, including:

1. 15% tax on coal and natural gas

2. 10% tax on crude oil, farm equipment, and cars

3. China also started investigating Google for unfair business practices.

*How it affects investors:*

1. Investors are getting nervous and cautious.

2. Market volatility is increasing.

3. Investors are looking for safe investments, like gold, which reached an all-time high.

*$BTC performance:*

1. Bitcoin couldn't sustain its value above $100,000.

2. This shows that investors are avoiding risks and looking for safer options.