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Following US President Trump’s announcement of new tariffs, the cryptocurrency market experienced a noticeable slowdown. Bitcoin, the leading cryptocurrency, saw a price decrease of approximately two percent on international exchanges on Wednesday, April 3rd.
Globally, Bitcoin was trading around $83,577. Indian exchanges showed a slightly higher trading range, with Bitcoin fluctuating between $86,387 and $87,558. This minor loss reflects the broader market reaction to the imposed tariffs, indicating potential concerns about the economic impact of the new trade measures on the crypto sphere. The announcement has seemingly introduced uncertainty into the market, leading to a cautious approach from investors.
