@prism29
Trump’s tariff policies have significantly contributed to Bitcoin’s failure to hold above $90,000 by introducing economic uncertainty and market volatility. The imposition of tariffs, such as the 25% on Canada and Mexico and 10% on China, has raised fears of inflation and slowed growth, prompting investors to retreat from riskier assets like Bitcoin. This has led to a $1 trillion crypto market sell-off, with Bitcoin dropping below $80,000 as liquidation pressures mount. The tariffs disrupt global trade confidence, weakening demand for cryptocurrencies and overshadowing any pro-crypto stance Trump may have, thus stalling Bitcoin’s momentum.
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