Trump sets in motion with surprising tariffs on April 2: Bitcoin rises just over 88,000 before it falls back.
Trump sets in motion with surprising tariffs on April 2: Bitcoin rises just over 88,000 before it falls back.
market reactions on Trump's customs announcement: Bitcoin over $ 88,000
On April 2, 2023, Donald Trump made it for mixed reactions on the markets with a surprising announcement. This so -called "Tatiff Bombshell" called both concerns and opportunities and influenced various investment classes.
One of the clearest reactions took place in the cryptocurrency sector: the Bitcoin price briefly exceeded the $ 88,000 mark. This strong price signal underlines volatility and potential for cryptocurrency in times of economic uncertainty. Increased speculation and an increase in the purchase interest caused many investors to invest in digital currencies in view of the customs announcements.
However,quickly followed the short-term boom, and the Bitcoin price made a correction. This shows once again that the cryptocurrency market is sensitive to macroeconomic developments, and the uncertainties in the trade environment can persuade both buyers and sellers to act quickly.
Overall, the reaction of the markets to Trump's customs threats illustrates the complexity of the financial landscape in times of global economic changes. Investors are well advised to pursue developments carefully in order to be able to make well -founded decisions.