Following recent market improvement, Bitcoin (BTC) and Nasdaq faced new selling pressure today as China has retaliated against the US with aggressive tariffs. Beijing has reportedly added Google, PVH Corp, and Illumina to the list of unreliable entities and initiated anti-monopoly investigations against Google. Additionally, a 15% tariff on US coal and LNG and a 10% tax on crude oil, agricultural machinery, trucks, and large engine vehicles has been imposed. These actions are in response to a new 10% tariff on Chinese goods imposed by Donald Trump. On Tuesday, Trump suspended his tariff threats against Mexico and Canada for 30 days, leading to Bitcoin’s price improvement from $92K to over $102K. However, China’s new measures have caused Bitcoin’s price to retreat, currently trading around $99,120. Meanwhile, Nasdaq has decreased by 0.6% while the Dollar index has grown. Visit the digital currency live price page to monitor token and cryptocurrency prices in real-time.
