Bitcoin Tests $65,000 While Futures Slide on 15% Tariff Hike
Bitcoin is testing the $65,000 region as US stock futures signal triple-digit declines after tariffs rose to 15%. Gold climbed 2% while S&P 500 and Nasdaq futures fell sharply on renewed trade tensions, highlighting diverging moves between crypto and traditional safe havens.
1. Tariff Hike Triggers Market Sell-Off
US President raised global tariffs to 15%, prompting a triple-digit downturn in Dow futures and sharp losses in S&P 500 and Nasdaq futures as investors recalibrate risk on elevated trade frictions.
2. Bitcoin Retests $65,000 Level
Bitcoin prices edged toward the $65,000 mark, diverging from gold’s 2% advance, as traders rotated between conventional safe havens and volatile crypto assets in response to heightened market uncertainty.