Bitcoin dips after Trump tariff hike announcement, then recovers

Investing.com -- Bitcoin fell briefly after U.S. President Donald Trump said he would raise a temporary global tariff rate to 15% on Saturday, before rebounding later in the session as prices stabilized.
Despite the drop the main cryptocurrency remains up by 0.7%.
Traders looked the 24/7 bitcoin market for clues on how markets will handle the new tariffs when the majority of markets open later during the weekend and into Monday.
The world’s largest cryptocurrency moved lower immediately following the announcement, mirroring