Bitcoin Drops Below $113K After Trump Announces New Tariffs

5 August 2025
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U.S. President Donald Trump announced new tariffs on pharmaceuticals and semiconductor chips on Tuesday morning during a CNBC interview. Trump Tariff Threat Shakes Crypto: Bitcoin Drops Below $113K Crypto and stock markets edged lower on Tuesday morning, with bitcoin ( BTC) dropping below $113K after U.S. President Donald Trump told CNBC that his administration will […]