Bitcoin Falls Below $65,000 in Latest Bout of Tariff Uncertainty
Market Intelligence Analysis
AI-PoweredBitcoin's price dropped below $65,000 due to tariff uncertainty caused by US trade deal changes and President Trump's announcement to increase tariffs from 10% to 15%. This move has led to a decline in the dollar and US stock futures, while Asian equities saw a slight increase. The market is experiencing economic turbulence.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
The losses come after US officials on Sunday said trade deals already negotiated with partners remain in place, despite a Supreme Court ruling that struck down President Donald Trump’s use of emergency authority to impose tariffs. In a social-media post on Saturday, Trump said he would increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence. The dollar and US stock futures dropped in early trading on Monday, while a gauge of Asian equities climbed 1%.
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