Bitcoin faces October 18 test as Trump prepares new Russia tariffs

President Donald Trump signed H.R. 5334, a law imposing new sanctions on Russian energy imports, setting an October 18 deadline for the administration to determine tariff rates. The legislation allows for duties of up to 500% on Russian goods and up to 100% on exports from countries that continue purchasing Russian crude or gas. Markets are monitoring the implementation for potential macro shocks, as tighter financial conditions could impact Bitcoin and broader crypto markets.