Perhaps a BIG positive for #Crypto# although the lack of mention of the Strategic #Bitcoin# Reserve in the White House report is a shame!



All the more reason to BUY THE DIP imo

#BTC# slid to $17,400 after Donald Trump announced a 25% tariff on India, citing high tariffs and defense ties with Russia. The move triggered immediate market jitters despite BTC rebounding briefly to $18,400 the day before.
India is now added to a list of nations facing reciprocal tariffs starting August 1 — but hope isn’t lost. The U.S. has already struck trade deals with the EU, Japan, Vietnam, and others, fueling optimism for BTC’s recovery.
If India manages a trade agreement before the deadline, we could see another BTC bounce in play. For now, Bitcoin remains stuck in sideways action, with traders watching geopolitical headlines closely.
BTC1.59%
HOUSE15.04%
MORE1.67%
TRUMP4.1%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)