Crypto markets fall after Trump’s tariff threat: BTC falls below $117k
NegativeCryptocurrency

The cryptocurrency market took a hit following President Donald Trump's announcement of a potential increase in tariffs on Chinese imports, which has caused Bitcoin to drop below $117,000. This news is significant as it highlights the ongoing trade tensions between the U.S. and China, particularly in sectors reliant on rare-earth materials. Investors are concerned about the implications for technology and defense manufacturing, which could further destabilize the market.
— Curated by the World Pulse Now AI Editorial System