$BTC
While crypto markets have shown relative resilience amid global volatility, they weren’t immune to the latest shifts in U.S. trade policy. Despite traditional markets reacting sharply to Trump’s changing tariff plans, the crypto market remained surprisingly stable—until Sunday.
📉 $BTC fell over 2%, dropping to $83,003 during Asian trading hours, giving back some of last week’s gains and underperforming compared to the stock market. Other major altcoins like Ethereum also slid, dipping below $1,600, with mixed performance across the board.
🔍 The decline came as uncertainty mounted over how the new U.S. tariffs on Chinese goods—particularly tech products like phones, semiconductors, and laptops—might impact the global economy.
🇺🇸 In a Sunday post on Truth Social, Donald Trump stated that some electronics would be temporarily excluded from the new 10% reciprocal tariffs. However, he added that they could still face a separate 20% tax, citing national security and fentanyl concerns..
