The value of the U.S. government's Bitcoin holdings has declined 12% from $17.24 billion to $15.21 billion since Trump's announcement of "reciprocal tariffs."

President Trump just unveiled sweeping tariffs that will reverberate through the US economy, sending inflation higher and weakening economic growth.

Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.