Bitcoin Takes a Hit as Trump's New Tariffs Spark Market Tumult
Bitcoin plunged significantly after President Trump's announcement of major trade tariffs, impacting 15 countries. This sparked substantial losses in corporate Bitcoin treasuries and ETFs. Analysts stress a critical price point at $91,000 for potential recovery, while others see opportunities for Bitcoin as a hedge against dollar instability. Meanwhile, potential regulatory changes and Federal Reserve policies could influence future market moves.
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