Bitcoin Reacts to Trump’s Major Tariff Announcement: 3.35% Drop Following Economic Shifts

On April 3rd, in a significant trade policy shift, President Trump unveiled a series of tariffs aimed at various countries, impacting global markets. The **U.S.** will implement a **46% tariff** on *Vietnam*, **10% on the U.K.**, and a staggering **49% on Cambodia**, among others. This decision has reverberated throughout financial sectors, causing **Bitcoin** to experience an immediate **decline of 3.35%**, reflecting heightened investor anxiety. Furthermore, **Nasdaq futures** tumbled with a marked **1.2% drop**, contributing to a volatile trading environment. The **U.S. Dollar Index (DXY)** also saw a rapid **0.5% fluctuation**, indicating a broader instability in securities trades following the tariff announcements. As these developments unfold, market participants remain vigilant, assessing implications for **cryptocurrencies** and traditional assets alike, emphasizing the interconnectedness of trade policy and financial performance.