Technology sector executives and investors feared the impact of widespread tariffs affecting technology products at multiple stages of the supply chain.
Bitcoin may increasingly be recognized as a safe-haven asset due to the maturation of its volatility profile and the growing institutional recognition as a digital alternative to gold.
It's time to take profits! It's also time to reduce position to protect your capital, don't rush, the good work is not yet finished! Only the tariffs have been announced and there will be more implementation in the future.
The tariff war led by America receives all the credit for the weakness in the price of Bitcoin this year so far, but there are other factors affecting the price of BTC.
Wyoming has become the latest state in the United States to propose a bill to create a Bitcoin Strategic Reserve, just days before Donald Trump's presidential inauguration in the United States.