The High-Stakes Fallout: How Trump’s Tariff Bombshell Rattled Bitcoin and Risk Assets
Bitcoin’s value plunged by over 7%, dropping from nearly $88,000 to around $81,300, following President Trump’s tariff announcement. The tariffs sparked widespread market turmoil, with the S&P 500 falling 4.8% and the Nasdaq Composite by 6% in one session. Bitcoin briefly rebounded
