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Trump’s tariff hike brings ‘volatility’ and ‘instability’ to crypto markets

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Bitcoin and the cryptocurrency sector as a whole have been rocked by President Donald Trump’s decision on Tuesday to raise planned tariffs on Canadian imports to an astounding 50%. CoinMarketCap’s Fear and Greed Index plummeted to “extreme greed” on Tuesday, hitting 15, following the news, indicating a significant shift in market mood. Bitcoin’s value has also fallen by more than 24%

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