Market analysis: Trump tariffs to strike risk appetite, Bitcoin falls

PaNews News on February 3rd, according to Golden Ten reports, after Trump imposed trade tariffs on Canada and Mexico, risks weakened, and Bitcoin and other cryptocurrencies fell together. Analyst of Zaye Capital Markets, Naya, said: "This statement scares the market because it marks the further interruption of global trade and supply chain." He said that Trump threatened to the European Union and the European Union and the European Union and Prolonging similar tariffs in the United Kingdom has exacerbated people's concerns about the upgrading of protectionist policies. These policies may hinder global economic growth. Bitcoin has been unstable in the recent geopolitical and economic development. He said investors should be vigilant and consider these factors.