Bitcoin's price dropped below $100,000 as Canada announced retaliatory import tariffs against the United States due to President Donald Trump's tariffs on Canadian imports. This trade war, along with the mass deportations of illegal migrants from the U.S., could increase inflation and weaken the argument for quick Federal Reserve rate cuts. This weakened the price of BTC and also influenced other cryptocurrencies, with the CoinDesk 20 Index falling over 2%.



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