US Global Tariff Decision Hits Cryptocurrencies: Bitcoin Near $65,000 Threshold

Tariff Decision and Market Impact Following the US Supreme Court's cancellation of existing tariffs, President Donald Trump's decision to increase global tariffs from 10% to 15% has resonated widely across financial markets.
The rising economic uncertainty has accelerated the flight from risky assets, triggering a sharp wave of selling in the cryptocurrency markets.
Bitcoin and many altcoins faced losses exceeding 5% immediately following the announcement.
Bitcoin Near the $65,000 Threshold Following these developments, the price of Bitcoin fell below the $65,000 level.
However, with reaction buying at this critical threshold, the leading cryptocurrency managed to hold above $65,000 once again.
Bitcoin is currently trading at approximately $65,400, representing a daily decline of 3.93%.
Significant Loss in Market Capitalization Due to the volatility, the total value of the cryptocurrency market decreased by 3.51%, retreating to the $2.25 trillion level.
Global trade tensions and US foreign trade policies continue to be closely monitored by investors as key factors determining the market's direction.