Bitcoin Falls to $85K Amid Trump’s Tariffs and ETF Sell-Offs: Market Reaction Explained
Bitcoin’s price has fallen to $85,000 following U.S. President Donald Trump’s announcement of new tariffs on Canada and Mexico, which affected stock markets and triggered investors to move into the U.S. dollar. This shift has highlighted Bitcoin’s increasing correlation with traditional markets, leading to significant outflows from Bitcoin ETFs. While retail investors are selling off, ...