Economics policies can impact investor sentiment, leading to shifts in both traditional and digital asset markets.
The cryptocurrency market experienced a decline following President Donald Trump's announcement of new tariffs last night. Bitcoin, for instance, fell approximately 4% in response to the news.
The announcement introduced significant tariffs on auto imports and increased duties on major trading partners, including China and the European Union. This move led to market volatility, with Bitcoin's price dropping from around $88,000 to $82,500. $BTC
