Bitcoin Faces 6% Drop After Trump’s Tariffs, Yet Long Positions Grow
Bitcoin recently encountered a sharp decline in value, dropping by six percent in response to new tariffs announced by U.S. President Donald Trump. These tariffs, which affect Mexico, Canada, and China, have sparked uncertainty within global markets. Despite this downturn, several investors are increasing their long positions, indicating a belief in future price recovery. As the market reacts to ongoing policy changes, traders are closely monitoring the situation to determine the next moves. Will Bitcoin bounce back, or will the volatility continue? Investors must remain alert as the landscape shifts.
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