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Bitcoin slides below $100,000 as tariffs rattle markets

  • The U.S.-China trade war has resumed, with President Donald Trump and Chinese leader Xi Jinping imposing new tariffs on each other's goods, escalating tensions once again.
  • The U.S.-China trade war has escalated with new tariffs from President Donald Trump and Chinese leader Xi Jinping, signaling renewed economic tensions between the two nations.
  • China has retaliated by announcing tariffs on U.S. Coal, oil, and other goods, which will take effect on February 10.
  • Bitcoin has decreased by 2.68% to $95,059 due to the renewed trade war and economic uncertainty caused by the tariffs.
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Coinpri broke the news in on Sunday, February 2, 2025.
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