#TrumpTariffs
How do Trump's new tariffs affect the crypto market? Analysis based on Binance data **
US President Trump recently announced new tariffs that include a base 10% on all imports, with increases of up to 145% on some Chinese goods. This move sparked a wave of volatility in global markets, including the crypto market.
** Impact of tariffs on Bitcoin and digital assets:
1 ** Correlation with traditional markets **: In the first days of the announcement, BTC's value fell by 15% as US indices such as the NASDAQ declined.
2 ** Shift to safe haven: In the long term, investors have begun to view Bitcoin as an alternative to digital gold, especially with rising inflation and a weaker dollar.
3 ** Mining costs: Tariffs could raise the prices of imported mining hardware, increasing the network's centralization and affecting decentralization.
** Data from Binance shows: **
- BTC trading volume surged 25% in 30 days after the announcement, indicating increased demand as a hedge against scams.* - Institutional interest in digital assets is growing as part of a diversification strategy
Conclusion: **
While tariffs cause short-term volatility, they may strengthen Bitcoin's position as a long-term investment asset amid uncertain trade policy$TRUMP