<ul><li>Bitcoin (BTC) has declined by more than 15% since Feb. 3 after US President Donald Trump threatened tariffs on China, Mexico, and Canada.</li><li>Economic uncertainty and fear of a trade war affect risk-on appetite, leading to Bitcoin selling off as a risk asset.</li><li>Bitcoin's 24/7 trading and its quick reaction to macroeconomic developments contribute to its volatility and sell-off on news of Trump's tariffs.</li><li>Global investors are hedging against the economic impact of tariffs by turning to fiat alternatives like the euro, gold, and Japanese Yen, rather than Bitcoin.</li></ul>

3 reasons why Bitcoin sells off on Trump tariff news

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