Why is Bitcoin Going Down? China’s 34% Tariff Deepens Market Decline
Global markets took a sharp hit today (Friday) after China announced a 34% tariff on all U.S. goods, escalating tensions in the ongoing trade war. The move sent shockwaves through the global stock markets and cryptocurrencies alike, with Bitcoin retreating from its early gains to trade at $82,000 at the time of this publication. Investors…