📉 Bitcoin Reacts to U.S. Tariff Shocks 📈
Bitcoin’s recent swings between $100K and $110K are being fueled by U.S. trade tensions. The latest move? A 25% tariff hike on imports from Japan and South Korea, and $BTC felt it, dipping briefly below $108K.
But there’s a twist: the trade deal deadline was extended to August 1, giving markets a breather. Bitcoin rebounded, now flirting with the $110K mark again.
⚠️ Why it matters: Geopolitical uncertainty = volatility. Traders should stay sharp, macroeconomic headlines are driving crypto price action right now.
