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February 4, 2025

China’s New Tariffs Push Bitcoin Down to 98K Amid Google Investigation

Bitcoin briefly soared to 100K after the announcement of delayed tariffs on Mexico and Canada but quickly retreated back to 98K as China retaliated with new tariffs. The global market reacted with tension as crypto traders grapple with these developments. The dual edge of recent market events raises concerns and uncertainty, disrupting the bullish sentiments surrounding Bitcoin. Moving forward, investors must keep a close eye on the evolving trade landscape and its potential effects on cryptocurrency prices. Market stability and keen analysis will prove crucial in navigating these turbulent times ahead.

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