Recent developments show Bitcoin $0.000065 struggling for the third consecutive day, remaining below the $100,000 mark. As the only macro asset traded over the weekend, the cryptocurrency market has indicated distinct signs of decline in investor data. This situation is linked to the uncertainty caused by international trade tensions affecting the market.
International Trade Developments
In response to actions taken by the United States, Canada and Mexico have announced import tariffs. These developments have intensified trade tensions between countries following tariffs previously imposed by the U.S. Additionally, China has expressed its discontent by announcing a lawsuit at the World Trade Organization.
Impact on the Crypto Market
The trade measures between countries and the implementation of immigration policies have raised inflation conc…
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