Bitcoin stumbles as Donald Trump’s tariffs rattle crypto markets
Monday, 7 April 2025 Bitcoin has dropped over 10% following President Donald Trump's announcement of global tariffs, falling below $78,000 from its peak of nearly $110,000. Despite Trump's pro-crypto initiatives, including appointing friendly regulators and promoting digital assets, market enthusiasm is waning due to economic uncertainties. Investors are reconsidering their positions as the impact of tariffs affects digital currencies.
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