On Monday, financial markets were rocked by President Trump's threats of trade tariffs, sparking fears of a global trade war. Bitcoin, which recently hit an all-time high, fell below $108,000. Trump warned Japan and South Korea of possible tariffs of 25%, and the list of targeted countries expanded, causing a negative reaction in equity markets. S&P 500 shares fell nearly 1% and Japanese automakers were hit significantly. This geopolitical uncertainty has led investors to consider bitcoin a risky asset.
Sources
Latest News
13:49
EXCLUSIVE The top sports topics, in the last week
13:49
Ariana Grande takes a break from her career after the "Eternal Sunshine" tour, amid criticism regarding her physical appearance.
13:47
The National Cadastre Agency will invest 5 million euros for the modernization of equipment.
13:40
STB will fine individuals who use their phones on speaker or listen to music without headphones on public transport.
13:40
PSD will submit a bill that prohibits the closure of coal power plants without their replacement.
See more news