BTC Slips Below $108K as U.S. Tariffs Ramp Up

Bitcoins

On Monday, Monday modest, when President Trump’s tariff policies modestly reversed on Monday, reaches to the center of attention.

The biggest cryptocurrency slipped under $ 108,000 during the American afternoon, in the last 24 hours by 0.8%. Changing hands around $ 107,700, BTC on Sunday stumbled all move to $ 109.

Ethereum’s Ether

It was 0.6%lower, while the smaller cryptos, including Solana Sol, dogecoin, sui’s sui, dropped by 1%-2%. XRP overcame more than 2% profit.

The investor’s sedimental sentiment was President Trump, who increased tariffs, even though he postponed his stored date of business agreement from July to 1 August.

In letters from the White House For counterparts in Japan and South Korea, Trump set 25% of the products from these two countries starting with 1 August. Trump shared multiple letters about social truth and revealed 25% of fees against Kazakhstan and Malaysia30% against Southern Africaand 40% for Myanmar and Laos.

In Monday’s social post, Trump also endangered Other tariffs to countries that are aligned with BRICS policy, the free intergovernmental group of countries, including Brazil, India, China and Russia.

At a press conference, the White House’s press secretary Karoline Leavitt said that the government was sending letters to multiple countries about tariff rates or announcing trade agreements in the coming days.

NASDAQ and S&P 500 Indices were approximately 1% lower on Monday, while revenues for 10 -year US government bonds also aimed at higher and approaching 4.4%.

UPDATE (7th July 18:43 UTC): It adds tariffs against Kazakhstan, Malaysia, Laos, Myanmar and South Africa.