#MarketPullback 📉 Bitcoin drops by 4.46% after Trump's statements.. Is it an opportunity or a coming danger?!
In a surprising move, former US President Donald Trump announced plans to impose additional tariffs on countries that tax American exports. This policy, described as a new "economic bomb," had an immediate and direct impact on the markets, especially the Bitcoin (BTC), which experienced a drop of -4.46% reaching a level of $103,701.
🔍 What caused this sudden decline?
According to analysis from the Binance Square platform, these potential trade tensions may raise widespread concerns about global market volatility. Under these circumstances, investors tend to avoid high-risk assets, which reflects on digital currencies, especially Bitcoin.
🚀 But is the drop permanent? Or an opportunity for smart buying?
🔸 Despite the decline, some analysts believe that this drop is temporary and could represent a golden opportunity for buying before a potential rise.
🔸 Historically, such events have formed a strong starting point for digital currencies after absorbing the initial shock.