Bitcoin Slides Amid Global Trade Tensions and Market Uncertainty - Jordan News
Market analysts expect continued volatility in the crypto sector in the near term, as investors monitor for definitive signals regarding U.S. tariff policies and the potential for new trade agreements.
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Bitcoin Slides Amid Global Trade Tensions and Market Uncertainty - Jordan News
Bitcoin, the world's leading cryptocurrency, fell by 0.5% on Tuesday, trading at $108,224.20, as investors reacted to renewed fears over global trade tensions. The dip followed U.S. President Donald Trump's announcement of plans to impose new tariffs on several major trading partners. اضافة اعلان According to crypto data platform CoinDesk, Bitcoin's decline came during low-volume trading, with market participants showing caution amid uncertainty over U.S. and global economic policy directions. Other major cryptocurrencies also reflected the cautious sentiment: Ethereum (ETH) dropped 0.4% to $2,554.09. Ripple (XRP) rose 0.5% to $2.269. Polygon (MATIC) gained 1.5%. Solana (SOL) slipped 1.1%, while Cardano (ADA) declined 0.8%. In the meme token category: Dogecoin (DOGE) posted a 2.4% loss. $TRUMP, a politically-themed token, fell by 1%, reflecting broader sensitivity to U.S. political and economic developments. Market analysts expect continued volatility in the crypto sector in the near term, as investors monitor for definitive signals regarding U.S. tariff policies and the potential for new trade agreements.
