China Tariffs Fuel Bitcoin Drop – When Will Crypto Market Bounce Back?

Feb 04 2025 crypto


China Tariffs Fuel Bitcoin Drop – When Will Crypto Market Bounce Back?

The post China Tariffs Fuel Bitcoin Drop – When Will Crypto Market Bounce Back? appeared first on Coinpedia Fintech News

The US-China trade tension has escalated to a new peak, when Beijing has strongly retaliated against Washington’s decision to impose a 10% tariff on Chinese goods with counter-tariffs on US imports. Notably, even though Bitcoin earlier benefited from US President Donald Trump’s decision to hold the proceedings aimed to impose tariffs on Canada and Mexico, …