When economic discussions like this are brought forward many say this doesn’t have correlation with bitcoin but it is not true this an economic situation in as much as it does come directly to bitcoin there are things in which tariffs would affect and this things in turn affect investments too. Tariffs increase are simply going to be affecting importation of goods and ones retailers pay high on this goods it transcends into consumers spending more than they actually spend.

We all know whenever there is increases in consumers spendings those who are investors in other to get this sorted out they simply just cut loss on volatile assets like stocks and bitcoin hence reason why there is a sell in bitcoin. This is liken to periods of recession in my opinion. So yes it directly affects bitcoin fundamentally