Trump Tariffs & Crypto: A Ripple Effect
While Trump’s tariffs mainly hit global trade goods 🌐📦, the impact spilled over into financial markets, including crypto 💹.
2018–2019 trade tensions ⚔️, especially the U.S.-China trade war 🇺🇸 vs 🇨🇳, created uncertainty. Investors looked for safe havens—enter Bitcoin ₿.
BTC = “Digital Gold” 🪙
Amid tariff-induced volatility 📉, Bitcoin saw spikes in trading volume 📊 and price action 🚀. Chinese investors, facing a weakening yuan 💴, often turned to crypto as a hedge 🛡️.
Yet, the Trump administration 🚫 wasn’t crypto-friendly. Trump called Bitcoin “not money” ❌ and “based on thin air” 💨. His regulators pushed tighter oversight on exchanges 🏦 and ICOs ⚠️.
Bottom line:
Tariffs boosted crypto interest indirectly, but stricter U.S. policies kept institutional adoption in check 🧊.
Disclaimer:
This content is for informational purposes only and does not constitute financial or investment advice 📘.
