Bitcoin Dips as U.S. Tariff Policies Stir Global Reactions

Key Points

1. Bitcoin recently fell to $115,940 as U.S. tariff policies caused global market reactions.

2. The U.S. announced new tariffs in February, leading to trade agreements with some countries while increasing tariffs on others.

3. Specific tariff changes include increases on Canadian goods (25% to 35%), Taiwanese products (20%), and Swiss products (39%), among others.

4. The U.S. secured commitments from some nations, such as Japan investing $550 billion and paying a 15% tax.

5. Market indicators show a 3% rise in the DXY over six days, with a 60% likelihood of steady rates in September and a potential rate cut in October.