Bitcoin reacts to near 1000 point slide in the Nasdaq 100 futures

In what is the final update this evening, it is worth noting that the Nasdaq 100 futures have fallen by nearly 1000 points from the top to the bottom since the exact detail of the Trump trade tariffs became clear, To outline the headline on those with leading countries they are as follows- a 34% tariff on China, 20% on the EU, 24% on Japan, 31% on Switzerland and just 10% on the UK and Australia. There are many others to note, but those are the main ones. Also worth noting is the fact that Canada and Mexico were spared in all this. You can easily get the full list from Google if you so choose. Now more importantly, according to the latest reports the 34% levy on China is on top of the existing rate of 20%. That means a total 54% tariff, if this report is correct. So, the slide in the Nasdaq 100 understandably took BTC lower with it. However, as with the Nasdaq, not before BTC had spiked higher first and that saw it jump to 88,469. The slide the has followed has seen it crumble to 84,215 since and this relapse might be very hard to recover from in the short term