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@esmeralda
Bitcoin falls below $100K following Donald Trump imposing import tariffs Bitcoin fell below $100,000 after Trump imposed tariffs on China, Canada, and Mexico, triggering retaliatory measures. Canada, China, and Mexico announced counter-tariffs and trade actions. The crypto market reacted, with Bitcoin dropping to $99,111 and liquidating $22.7 million in long positions. Analysts are split on the long-term impact, with some seeing it as temporary consolidation while others warn of broader economic pain. BlackRock continues accumulating BTC and ETH, signaling institutional confidence. Some argue Bitcoin is still highly correlated with traditional markets. The overall market remains uncertain amid ongoing trade tensions.
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@hadi1990
"). These retaliatory measures from China, Canada, and Mexico also caused the crypto market to react. Some analysts see these measures as a temporary stabilization, while others warn of broader economic pain.
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Short-term dip or long-term impact? Only time will tell. ⏳
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