How did the U.S. tariff announcement in October 2025 affect Bitcoin’s value?
Why is this the correct answer?
This is correct because President Trump’s announcement of steep tariffs triggered risk-off sentiment across financial markets, prompting many investors to sell assets, including Bitcoin. In beginner terms, when a big economic event shakes confidence, people often sell off volatile assets quickly, causing sharp price drops like the 13% fall in hours after the tariff news.
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