Bitcoin’s value has declined as investors exercise caution regarding risky assets in light of upcoming U.S. reciprocal tariffs.
President Trump is anticipated to reveal the specifics of his new tariff strategy at 4 p.m. Eastern time, with the implementation of the tariffs expected to be immediate.
“Several critical factors will influence how the financial markets perceive the announcements, whether they are seen as aggressive or otherwise,” stated Derek Halpenny from MUFG Bank in a recent note.
