Bitcoin halts a BTC price relief rally amid news that the US will go ahead with tariffs against both Canada and Mexico as planned, beginning in early March. Bitcoin ( BTC) drifted back to $85,000 at the Feb.
Today’s Forbes Daily takes a look at Apple’s plan to add U.S. jobs, an update on Trump’s tariffs on Mexico and Canada, a drop in the price of Bitcoin and more.
Bitcoin dropped to $85,000 as markets reacted to U.S. President Donald Trump’s confirmation that new tariffs on Canada and Mexico will take
U.S. stocks ended down sharply Monday, with the S&P 500 posting its biggest daily percentage drop since December 18 after U.S. President Donald Trump said 25% tariffs on Canada and Mexico will go into effect on Tuesday,
The stock market initially bounced off a sharply lower opening and bitcoin (BTC) rose through $91,000 as Commerce Secretary Howard Lutnick — in an appearance on CNBC — said the president would exempt Mexico from his new 25% tariff for any goods or services covered under a previous trade agreement.
Bitcoin jumped more than 6% after Trump announced a one-month delay on auto tariffs for Canada and Mexico, easing market concerns.
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