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Trump Tariffs Send Bitcoin Prices Below $65K Amid Geopolitical Tensions

Guavy AI Editorial Team
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BTC
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Bitcoin prices dropped below $65,000 following the Trump administration's announcement of new global tariffs ranging from 10% to 12.5% on imports from 60 countries. The move targets forced labor concerns and aims to strengthen U.S. trade negotiations.

The policy escalation adds pressure to an already cautious crypto market amid geopolitical tensions and a resilient U.S. economy.

This is part of Trump's trade agenda, which has been met with legal challenges and recent tariff hikes on Brazil and planned increases on Canadian goods.

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