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Morning Edition · Friday, July 24, 2026Published at 1:23 AM EDT · New York
Bitcoin Holds Near 65,000 Dollars as New Trump Tariffs Hit 60 Countries and AI Stocks Sell Off
The duties of 10 to 12.5 percent cover more than 99 percent of United States trade, while an 800 billion dollar selloff in artificial-intelligence shares left crypto prices little changed.
Bitcoin slipped below 65,000 dollars after the Trump administration announced tariffs of 10 to 12.5 percent on imports from 60 trading partners, duties that crypto.news reports cover more than 99 percent of United States trade and take effe…
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US Tariff Escalation Feeds Inflation Shocks
Over the coming months, successive US tariff actions recur as fresh inflation and cross-asset shocks, compounding energy-price risk and pressuring rate expectations and risk assets, as the administration reaches deeper into partner economies and trade-pact-covered goods.
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