Bitcoin's price dropped to its lowest point since early January, causing liquidations totaling $2 billion across crypto derivatives exchanges. The sell-off followed President Trump's announcement of new tariffs, which sparked concerns about inflation. Economists warn that the tariffs could increase consumer costs and potentially trigger a trade conflict. The announcement of the tariffs led to volatility in the crypto market, with Bitcoin falling below $100,000 and Ethereum dropping 24%. Analysts believe the tariffs could lead to increased demand for Bitcoin as a hedge against inflation. The implementation of the tariffs could weaken the dollar and create favorable conditions for Bitcoin's growth. Both domestic consumers and international trade partners may turn to Bitcoin as an alternative store of value.



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