The recent tariff threats by President Donald Trump on Mexico and Canada caused concern in the crypto market, but Bitcoin has bounced back as the countries reached deals with the US. However, tensions with China have escalated, with both countries imposing tariffs on each other's products. This has led to an uptick in inflation expectations, which could impact Bitcoin's price. Until inflation fears subside, Bitcoin is expected to trade sideways. Additionally, Trump's threats on imposing tariffs on other nations, including the European Union, could create further uncertainty in the market.



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