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Bitcoin fell 0.79% after Trump's 25% tariffs: Bitcoin tanks after Trump slaps 25% tariffs on Japan and South Korea - traders fear global economic fallout - The Economic Times

Published 8 hours ago1 minute read
Bitcoin tanks after Trump slaps 25% tariffs on Japan and South Korea — traders fear global economic fallout
Global Desk

Bitcoin took a sudden hit, dropping $860 to trade around $107,970, after Donald Trump slapped new 25% tariffs on Japan and South Korea. This unexpected move spooked global markets, triggering a wave of sell-offs in crypto. Traders quickly shifted to safer assets, worried that more trade pressure could drag Bitcoin even lower. Experts say this tariff shock could shake Bitcoin’s momentum in the short term. But if the dollar weakens, Bitcoin might bounce back stronger.

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