Tariff Tumble: Bitcoin Falls Below $90K, Amid Trade War Turmoil

Bitcoin failed to maintain its price in Tuesday’s early hours, falling to nearly $88,600 and losing its $90,000 key support zone as investors ran to more stable assets in the wake of a new trade war. The top cryptocurrency had shown weakness the day before but managed to hover over the $90K mark on a day when the Trump administration announced the intention of enacting the previously deferred tariffs on Mexican and Canadian imports. During the last 30 days, bitcoin prices have experienced a drop of nearly 15% in a context of economic instability that has favored other safe-haven assets like gold, which has reached eleven record highs in 2025.

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