๐จ Bitcoin Volatility Surges Amid Trump's New Tariff Policy ๐๐
Bitcoin ($BTC ) experienced significant price fluctuations following former U.S. President Donald Trumpโs announcement of a 25% tariff on imported agricultural products, set to take effect on April 2. The market initially reacted with a sharp decline, with BTC plummeting to $83,421 before staging a recovery to $93,695.
The broader financial markets werenโt spared either, as the S&P 500 slid 1.76%, reflecting growing concerns over rising inflation, potential trade conflicts, and disruptions in global supply chains. Investors are now closely monitoring the situation, anticipating potential ripple effects on commodities, equities, and digital assets.
With market uncertainty at a high, Bitcoin's price action remains volatile yet resilient. Will BTC reclaim its momentum, or will economic pressures continue to weigh on investor sentiment? Share your thoughts below! ๐๐
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