Markets Open Lower Amid Trump Tariff Threat; Crypto Assets Remain Unmentioned

BTCC / BTCC Square / Global Cryptocurrency /

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2025-08-07 08:32:01

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Global markets opened weaker as the Trump administration's new 25% tariff on Indian exports took effect, dragging down benchmarks like the Sensex and Nifty 50. The broader bearish sentiment stems from FII outflows, disappointing earnings, and RBI's perceived hawkish stance—though no direct cryptocurrency implications surfaced in the developments.

While traditional markets reacted to macro pressures, major digital assets including BTC, ETH, and SOL showed no immediate correlation to the tariff news. The absence of crypto-specific triggers underscores the asset class's decoupling from conventional market shocks during this risk-off session.

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