The cryptocurrency market faced dramatic losses as Bitcoin 
$95,305 dropped to $91,231 during the opening of Asian markets. This decline in Bitcoin’s value triggered even greater losses among altcoins, with many cryptocurrencies falling below their previous lows. As the article was being prepared, there were discussions regarding additional customs tariffs. What will happen next?
US Customs Tariff Impact
Before taking office, Trump hinted at his ability to enforce his will, claiming he had sufficient leverage. Now, he has begun punishing China, Canada, and Mexico with additional customs tariffs. This move, which could lead to rising product prices and inflation, may have the potential to reverse interest rate cuts this year, pushing us closer to a trade war.
Meanwhile, Ontario Premier Ford stated th…
