Big news! President Trump said he'll put extra taxes (called tariffs) on things from Mexico, Canada, and China. This is important because it can affect the stock market and even cryptocurrency!
This could make the US dollar stronger, which might affect how much cryptocurrencies cost.
Crypto prices haven't changed much right away after the announcement.
- Tariffs are like extra money added to the price of goods from other countries.
- These tariffs could affect the stock market and how much the US dollar is worth.
- Bitcoin's price is mostly unchanged for now.
Cryptocurrency | Current Price (approximate) | Prediction |
---|---|---|
Bitcoin (BTC) | $85,600 | Uncertain due to global economic factors |