![Bitcoin Takes a Nosedive as Trade Tariffs Loom: What You Need to Know Bitcoin Takes a Nosedive as Trade Tariffs Loom: What You Need to Know](https://kuhinje-ewe.si/wp-content/uploads/2025/01/compressed_img-hXrwzkFygo9sZYc85fzcMNJE-480x384.png)
Bitcoin Takes a Nosedive as Trade Tariffs Loom: What You Need to Know
Bitcoin’s value fell below $101,600 due to new trade tariffs announced by the Trump administration. The tariffs include a 25% rate on imports from Mexico and Canada, and 10% on China. Market analysts predict these tariffs may strengthen the U.S. dollar and