1. What are tariffs?
Tariffs are taxes a country imposes on imports. For example, if the U.S. adds a 25% tariff on steel from another country, that steel becomes more expensive to buy in the U.S.
2. Why do tariffs matter to Bitcoin and crypto?
When global economic tensions rise — such as through trade wars or tariff hikes — investors often panic and pull money out of risky assets like Bitcoin. This causes prices to fall temporarily.
📉 Recent News: Trump Plans to Double Steel Tariffs
According to Fox News, former President Donald Trump said he plans to double tariffs on steel, increasing them from 25% to 50%. This move is meant to protect the U.S. steel industry, but it also increases global economic tension — something investors don’t like.
#TrumpMediaBitcoinTreasury #TrumpTariffs
⚠️ As a result, Bitcoin ($BTC) dropped from $109,000 to $103,000 because of fears related to the global market situation.
3. Is this a crash or just a dip?
The original post suggests this is just a retracement (temporary dip), not a major crash. Things are calming down again — even Trump and Elon Musk are reportedly getting along better.
Now the Market situation is better so it is good time to invest in for Good Margins.
$BTC