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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.