#TrumpTariffs Trump Tariffs and Crypto Impact (May 2025)
Initial Market Shock: Trump's sweeping tariffs caused early volatility in crypto markets. Bitcoin dropped below \$75,000, and Ethereum fell over 20% in April.
Rebound After Trade Deals:After the U.S. paused new tariffs and signed a trade agreement with the UK, Bitcoin surged past \$100,000, and the broader crypto market rebounded.
Pro-Crypto Policies: The Trump administration is showing support for crypto, including plans for a strategic Bitcoin reserve and lighter regulations. A Trump-linked mining company is also planning a Nasdaq listing.
Long-Term Outlook:Analysts believe ongoing trade tensions and inflation concerns could drive more interest in Bitcoin and other cryptocurrencies as alternative stores of value.