Bitcoin and other cryptocurrencies have seen declines following recent gains, closely mirroring movements in tech stocks. Analysts anticipate continued volatility in the crypto market due to uncertainties surrounding government policies and economic impacts.

Following President Trump's announcement of sweeping tariffs, U.S. stock markets have suffered their worst week since the COVID-19 pandemic in 2020. The Dow Jones Industrial Average fell over 2,200 points, erasing $6.4 trillion in value, while the S&P 500 dropped 6%. Economists warn of rising inflation and slowed economic growth as potential consequences. Details: • Market Impact: The announcement of a baseline 10% tariff on all imported goods led to significant declines in major stock indices. The Dow Jones Industrial Average experienced a 1,700-point drop, while the S&P 500 and Nasdaq also saw substantial losses. • Economic Concerns: Economists express concerns that these tariffs could lead to increased consumer prices and hinder economic growth. The International Monetary Fund (IMF) has warned that the tariffs pose a "significant risk" to the global economy. ​ • International Response: China retaliated by imposing a 34% tariff on U.S. goods, further escalating trade tensions. Other countries, including Vietnam, India, and Israel, are reportedly in talks with the U.S. over new trade deals to mitigate the impact.