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Strategic Bitcoin Reserve Crashes on Tariff Announcement

Summary by unchainedcrypto.com
The value of the government’s bitcoin holdings has fallen 13% since President Trump ordered the creation of a Strategic Bitcoin reserve last month, largely due to the economic impacts of a rapidly escalating trade war. Trump threatened to issue another 50% in tariffs on China Monday, after levying a baseline 10% tariff on all U.S. imports Saturday and announcing higher tariffs on several countries set to go into effect Wednesday.  Federal depart…

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Bitcoin.com broke the news in on Monday, April 7, 2025.
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