How Will US Tariffs Affect Bitcoin Price? Experts Suggest Heavy Crypto Losses ⋆ ZyCrypto
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President Donald Trump’s new tariffs have caused a stir in the financial market amid current sideways trading. Barely hours after the announcement, Bitcoin (BTC) and other assets recorded setbacks, lowering trader confidence. Most digital asset experts say the move could tighten inflows and restrict chances of a broader recovery. The total crypto market cap has slipped 3.8% since the move.
Bear Market Fear Looms
Bitcoin and altcoins have faced headwinds this year due to the United States trade wars. The new sweeping tariffs are expected to usher in a new phase of uncertainty among traders. Charles Edwards, the founder of Capriole Investment, explained that this scenario…
