Bitcoin experienced a significant drop of over 5%, falling below $65,000 on Monday, following the announcement by U.S. President Donald Trump to raise global tariffs to 15%. This decline highlights Bitcoin’s sensitivity to U.S. presidential announcements regarding trade and economic measures, especially amid ongoing trade tensions aimed at supporting U.S. manufacturing. Interestingly, the price movement occurs as Asian equities rose in early trading, emphasizing the divergence between cryptocurrency markets and regional stock market responses to U.S. policy shifts.
Bitcoin falls below $65,000 as Trump raises global tariffs
