Bitcoin dips after Trump tariff hike announcement, then recovers

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Bitcoin dips after Trump tariff hike announcement, then recovers

Investing.com

Sun, February 22, 2026 at 3:43 AM GMT+9 1 min read

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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 volatility seen across risk assets after the policy headline. Bitcoin later pared losses and turned higher, trading back near earlier levels.

Trump said Saturday he plans to increase the temporary tariff applied to imports from all countries from 10% to 15%, a move that comes after the U.S. Supreme Court ruled against parts of his emergency tariff program.

“I… will be… raising the 10% Worldwide Tariff… to the fully allowed… 15% level,” Trump said in a Truth Social post.

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