Bitcoin Falls as Tariff Risks Continue to Weigh — Market Talk

Bitcoin falls, albeit remaining above lows hit Monday when risky assets were stung by U.S. President Trump announcing 25% tariffs on Canada and Mexico. He later agreed to delay these tariffs, providing some brief relief but risks remains and a new 10% tariff on China took effect Tuesday. "China's tariffs keep risk high and cause cryptos to retreat," Saxo analysts say in a note. Uncertainty remains and the China tariffs mean further retaliation is possible, they say. Bitcoin falls 3.1% to $98,742 after hitting a three-and-a-half-week low of $91,439 Monday, according to LSEG. ([email protected])