Bitcoin rebounds as US stock market opens after new Trump tariffs on Canada

Bitcoin rebounds as US stock market opens after new Trump tariffs on Canada

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Bitcoin It fell 3.5 % on Tuesday as President Donald Trump’s expanded policies continued in the encryption markets.

Bitcoin fell to $ 79,000 after Trump advertisement Through an additional 25 % tariff on Canadian steel imports and aluminum before recovering to 81200 dollars with the opening of American stock markets.

Bitcoin price (Source: TradingView)

This decline represents the last chapter in a loud period of Bitcoin, which has struggled to keep momentum amid escalating commercial tensions.

The market reaction reflects the increasing concerns about how protective trade policies affect the wider economy. When Trump announced for the first time comprehensive definitions on China, Mexico and Canada in early February, Bitcoin Below 100,000 dollars, scan approximately hundreds of billions of encryption market.

In general, Bitcoin has increased by almost 6 % over the past 12 hours after touching $ 77,000 overnight.

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