💨 Abstract

On March 4, U.S. President Trump announced tariffs on Mexican and Canadian goods, as well as an additional 10% on Chinese imports, causing a wave of selling in risk-sensitive currencies such as the Aussie. Bitcoin and other cryptocurrencies fell significantly, with bitcoin dropping below $80,000, while the U.S. dollar saw safe-haven support.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖