📉 Bitcoin Drops Below $100,000 After US Trade Tariffs 📉

In a turbulent weekend for financial markets, the price of Bitcoin fell to $96,800, reflecting a strong risk aversion after the announcement of substantial tariffs imposed by the US on imports from Canada, Mexico and China.

🚨 Market Impact:

Bitcoin fell by more than 7% after reaching a recent high of $106,000.

Altcoins such as Ethereum (ETH), XRP and Solana (SOL) recorded losses of between 6% and 8%.

More than $554 million in liquidations were reported across the market.

💼 What's behind it:

The tariffs of up to 25% come into effect as an attempt to combat drug trafficking into the US. The measure has sparked geopolitical tension, with affected countries promising retaliation.

🔮 What to expect:

As long as trade tensions persist, volatility in cryptocurrencies may continue. Keep an eye on the market and consider prudent investment strategies.

📊 Follow the market on Binance and be prepared for any moves. #Bitcoin #Geopolítica

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