In a significant market shake-up, Bitcoin plunged to $90,000 on Friday, marking its lowest price in three weeks. The sudden drop follows the announcement of new tariffs by former President Donald Trump, a move that has sparked concerns over potential global trade disruptions and economic uncertainty.
The cryptocurrency, which had seen a steady rise over the past few weeks, lost over 10% of its value in a matter of hours following Trump’s statement. Experts are pointing to the broader impact of the tariffs on global markets, with Bitcoin often seen as a barometer of investor sentiment in times of uncertainty.
Crypto enthusiasts are now closely monitoring the situation, wondering if the latest dip is a short-term correction or the beginning of a more prolonged downturn. As global markets react, the future trajectory of Bitcoin remains uncertain, and traders are bracing for further volatility in the coming days.
