Bitcoin Takes Plunge as US-China Tariff Changes Take Effect

The White House has implemented a significant customs duty of 104% on goods imported from China, with the new policy coming into effect at noon (Eastern Time). This sudden change in trade policies appears to have triggered a swift drop in Bitcoin prices, as seen by a sharp decline in BTC price of approximately 1%. Details regarding this tariff announcement and its impact are currently being revealed. It’s important to note that this is not financial advice.