Bitcoin Price Volatility Continues Amid Tariff Rate Hike

The latest development in the world of cryptocurrencies has seen Bitcoin's price fluctuate significantly following US President Donald Trump's announcement to raise the temporary global tariff rate from 10% to 15%. The move, which was made on Saturday, had an immediate impact on the cryptocurrency market, causing Bitcoin to dip.

However, traders and investors were quick to react, and the price of Bitcoin later recovered and stabilized at around $68,000. This volatility in the market has been attributed to the ongoing policy headlines, with prices reflecting short-term adjustments rather than a decisive trend shift.