#TrumpTariffs Volatility and immediate reactions in the market: The new tariff rates announced by Trump, which include protectionist measures against trade partners such as China, Mexico, and Canada, have generated uncertainty in global markets. This is reflected in the crypto market with massive liquidations and drops in Bitcoin's price. For example, posts on X and web articles indicate that Bitcoin has fallen to levels around $83,000 following the announcement of the tariffs, with liquidations exceeding $500 million in 24 hours. This volatility suggests that investors perceive the tariffs as a risk to global economic stability, which affects confidence in digital assets.
Bitcoin as a safe haven or risk asset: Some analysts believe that, in times of economic uncertainty like this, Bitcoin could be seen as an alternative safe haven, similar to gold, due to its decentralized and limited nature. However, if Trump's tariffs generate inflationary pressures or weaken the dollar, this could increase the volatility of Bitcoin and other cryptocurrencies. On the other hand, if the tariff measures are moderate or gradual, the impact could be lessened, and some investors might restructure their portfolios toward crypto assets, according to experts cited in the findings.
Pro-crypto policies vs. economic tension: Although Trump has shown strong support for cryptocurrencies (for example, by creating a strategic reserve of Bitcoin and launching his own memecoin, $TRUMP), his tariff policies counter this optimism. His protectionist approach could increase inflation and reduce economic growth, which has historically led to contradictory movements in Bitcoin's price: sometimes it rises as a safe haven, but it can also fall if investors become more cautious. Posts on X and web articles highlight that the crypto market is on alert, waiting for more details on how these tariffs will be implemented on April 2.
Impact on altcoins and memecoins: Cryptocurrencies like Ethereum, XRP, Solana, and Cardano, which Trump has mentioned in his strategic reserve plan, could also experience volatility. However, memecoins like $TRUMP may be more sensitive to the president's statements and actions, as their value largely depends on speculation and market sentiment. If the tariffs generate fear or uncertainty, these coins could see significant drops, as has been observed in the past with fluctuations of 82% in the value of $TRUMP.
Long-term perspective: Although in the short term the tariffs generate uncertainty, some experts believe that Trump's support for the crypto industry (deregulation, creation of reserves, and favorable appointments such as David Sacks as 'crypto czar') could benefit the sector in the long run. However, the combination of tariff policies and pro-crypto stance creates a delicate balance, and the market will continue to monitor how international negotiations and regulatory decisions in the U.S. unfold.
In summary, Trump's tariffs are causing an immediate negative reaction in the cryptocurrency market, with price drops and increased volatility, but the long-term impact will depend on how these measures are implemented and the market's ability to adapt. Trump's duality as a defender of crypto and promoter of protectionist policies keeps the sector in a state of high uncertainty.
