The US administration has announced a 10% minimum tariff rate on various countries, with particularly high rates on Asian and European nations. Reciprocal tariffs equivalent to ~50% of the combined estimated rate of US export barriers have been imposed. India faces 27% tariffs, while China confronts 34%, potentially sparking a global trade war and economic growth concerns.
One bitcoin bull cuts forecast by half as “cold breeze” blows
Standard Chartered has halved its bitcoin price forecasts for 2025 and 2026, citing weaker demand and a shift toward ETF-driven buying. Analyst Geoff Kendrick now