Bitcoin Price (BTC) stable as stock futures reverse on Trump Tariff -threat

What was shaped to be a strong opening for US equities is less after President Trump managed his latest thoughts about customs.

In a post about his truth that social complaints about the influx of drugs from both the north and south of the US border, the president said the tariffs will begin against Mexico and Canada on March 4 (next Tuesday). Another 10% duty in China will also be implemented that day, he continued.

Comments made by Trump at a cabinet meeting yesterday suggested that these tariffs should not begin until April.

For more than 1% before the latest threat, Nasdaq has 100 futures trimmed these winnings to approx. 0.6%. The S&P 500 Futures released only a marginal progress at the time of the press, and Dow Futures have been lower.

The US dollar index has shot higher by 0.5% on the news.

Already under plenty of water in the last days and weeks – including a significant tumble on yesterday’s customs point – Krypto is more or less hanging stable at low levels after the news. Bitcoin (BTC) is slightly changed over the last hour to $ 85,600.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top