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Bitcoin falls below 100,000 USD following Donald Trump imposing import tariffs

Bitcoin (BTC) has dropped to 99,540 USD, marking a significant decline triggered by tariffs imposed by President Trump. The cryptocurrency community is divided on the potential consequences of these tariffs for the broader market.

Following Trump’s announcement, Canada retaliated with a 25% tariff on 106.5 billion USD in US goods, while China and Mexico indicated plans for their own countermeasures. These developments have created uncertainty in the market.

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