Bitcoin Price Forecast: BTC edges below $100K as China hits back after US tariffs take effect
Bitcoin price edges below $100,000 on Tuesday after recovering from a low of $91,231 the previous day. The US and China trade war can bring more volatility to risky assets like Bitcoin. Bybit’s CEO Ben Zhou suggests that the total liquidation on Monday may have been $8–$10 billion, far exceeding the reported $2 billion.
Bitcoin Down 2.5% as China Slaps Retaliatory Tariffs on U.S., Probes Google
Beijing imposed a 15% duty on U.S. coal and LNG and a 10% tax on crude oil, agricultural machinery, pickup trucks and large-engine cars. The move came after U.S. President Donald Trump's new 10% tariffs on China came into effect.
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