Bitcoin Falls Below $76,000 Due to China's Tariff Retaliation

Son Min

Summary

  • It was reported that Bitcoin fell below $76,000 due to China's tariff retaliation.
  • Bitcoin is trading at $75,950, down 4.70% from the previous day.
  • It was reported that market sentiment is deteriorating due to China's additional tariff announcement, and U.S. stock futures and oil futures are also showing a downward trend.

Bitcoin (BTC) has fallen below $76,000.

As of 8:44 PM (local time) on the 9th, Bitcoin is trading at $75,950, down 4.70% from 24 hours ago.

It is interpreted that market sentiment has deteriorated as China announced retaliatory measures by imposing an additional 84% tariff on U.S. imports. In addition, U.S. stock futures and oil futures are also continuing to decline.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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