#Bitcoin:

Tariffs have a significant impact on the cryptocurrency market, increasing volatility and uncertainty. This is because tariffs can increase production and logistics costs, affecting the profitability of Proof-of-Work (PoW) cryptocurrencies like Bitcoin. Furthermore, tariffs can generate economic and political uncertainty, which in turn can affect investor sentiment and the price of cryptocurrencies. Last week, President Trump claimed to have received a phone call from the Chinese leader regarding the tariffs. However, Beijing denied his claims and reiterated that it could only begin holding talks when the US removes its tariffs, adding that any dialogue must be conducted on a basis of "mutual respect and on a level playing field."