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Tariffs caused Bitcoin to decline less than equities or oil yet more than bonds and gold – TON BOT

Tariffs caused Bitcoin to decline less than equities or oil yet more than bonds and gold

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Bitcoin has been trading lower in April, losing most of its gains from Q1 due to escalating US-China trade tensions. The market response, influenced by the trade war, has caused Treasury yields, oil, equities, and Bitcoin prices to fall. Bitcoin’s correlation with macroeconomic factors has deepened, impacting its performance and market positioning.

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