Trump's tariff move and negotiations with the UK are driving the cryptocurrency market past the $3 trillion mark.
Cryptocurrency is now responding to global diplomacy, becoming a measure of geopolitical and trade shifts.
The cryptocurrency market has surpassed the $3 trillion mark as President Trump hinted at a major trade deal with the UK, causing digital assets to soar.
As cryptocurrency moves in response to geopolitical signals, a new question arises: Is cryptocurrency becoming Wall Street's gauge for foreign policy?
Tariff tactics and the domino effect
Since returning to office, President Trump has reignited his tariff strategy—announcing high tariffs on dozens of countries in early April.
This move has sent shockwaves through the global trade network, prompting urgent negotiations with both allies and adversaries of the United States.
A global 10% tariff is looming, while 'reciprocal' tariffs of up to 25% target imports like steel, aluminum, and automobiles.
Source: Truth Social
One country seems to have taken the lead: the United Kingdom.
With Prime Minister Keir Starmer confirming a joint announcement on tax cuts later today, London has emerged as one of the frontrunners in Trump's new trade regime.
The role of cryptocurrency in the new economic order
Digital assets are rapidly becoming a sensitive tool in the global economic narrative.
Bitcoin [BTC], Ethereum [ETH], and many altcoins surged ahead of news about potential tariff relief, reflecting traditional market behavior linked to geopolitical signals.
As institutional investors integrate cryptocurrency into their portfolios, the space is reacting more strongly to macroeconomic fluctuations, including trade adjustments and cross-border financial flows.
The increase shows the evolving function of cryptocurrency: not just as a hedge against inflation or currency instability but also as a predictive measure for diplomatic direction.
Tax cuts, especially among major economies, signal a risk acceptance—pushing capital into volatile, high-potential markets like cryptocurrency.
Where will we go from here?
With the UK's deal nearing, attention shifts to other bilateral negotiations. Washington is reportedly closing in on completing trade agreements with India and Israel.
Discussions are underway with Japan, South Korea, and Vietnam. These swift agreements are part of Trump's larger push to restructure the global trade order.
Meanwhile, relations with China remain tense. The two countries are preparing for high-level talks in Switzerland this week, after tariffs reached as high as 145%.
The outcomes of these negotiations could reshape investor sentiment—and, consequently, the cryptocurrency market—in the coming months.
Source: https://tintucbitcoin.com/thi-truong-tien-dien-tu-cham-3-nghin-ty-usd-khi-trump-up-mo-ve-thoa-thuan-lon/
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