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Cryptocurrencies fell early Tuesday after China announced retaliatory measures against the United States, including an investigation into Google and new tariffs on American goods. Bitcoin fell 2.5 percent to $99,500 following China’s new retaliatory tariffs on the United States. China responded to the Trump administration’s 10 percent tariffs by imposing 15 percent tariffs on U.S. coal and liquefied natural gas, and 10 percent tariffs on crude oil, agricultural machinery and heavy vehicles. The move came after Bitcoin’s price rebounded significantly from $92,000 to more than $102,000 the previous day. The Nasdaq Composite Index also fell 0.6 percent.
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