Bitcoin Falls as Trade Fears Dampen Risk Appetite
April 2, 2025
The price of Bitcoin was falling as investors remain cautious on risky assets ahead of U.S. reciprocal tariffs.
President Trump is expected to announce the details of his latest tariff plans at 4 p.m. Eastern time with the levies set to take effect immediately.
“We see some key aspects that will determine whether the financial markets interpret the announcements as aggressive or not,” MUFG Bank’s Derek Halpenny said in a note.
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