Bitcoin Breaks Below $65,000 on Monday as Trump Raises Tariffs to 15%

BTC-1.17%

Bitcoin fell below $65,000 on Monday, hitting its lowest level in over two weeks, as tariff concerns reignited global market volatility. On Saturday, U.S. President Trump raised previously announced global tariffs from 10% to 15% following the Supreme Court’s rejection of his broader reciprocal tariff proposal. The move heightened uncertainty about potential trade agreement disruptions, while investors also weighed concerns over possible military action against Iran amid stalled nuclear negotiations.

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