Re: [NEWS] Bitcoin Sinks to $100K as Trump Imposes Tariffs on Canada, Mexico, China
Why is everyone surprised about Trump imposing high tariffs? He's been talking about high tariffs for years.
Maybe the cryptocurrency prices will go back up after the Trump administration starts imposing those pro-crypto regulations... if they keep their promise.
By the way, the BTC price dropped below 100K in the last Monday of January, but it quickly recovered back to 105K USD two days later.
I don't know what happened back then, maybe the Bitcoin price will keep dropping below 100K USD every Sunday/Monday and recovering on every Tuesday.
Maybe the cryptocurrency prices will go back up after the Trump administration starts imposing those pro-crypto regulations... if they keep their promise.
By the way, the BTC price dropped below 100K in the last Monday of January, but it quickly recovered back to 105K USD two days later. I don't know what happened back then, maybe the Bitcoin price will keep dropping below 100K USD every Sunday/Monday and recovering on every Tuesday.
This is fresh news, though it was kind of expected. Bitcoin’s currently hovering around $98k, so if it keeps sliding, it makes sense that this news is relevant to its movement. But honestly, the impact likely won't be huge, we've seen Bitcoin drop hard before, and it always bounces back. At this price, it's still too early to hit the panic button, even though Trump's tariff policies could really shake things up for countries hit by them.