#TrumpTariffs

Trump Tariff Update – Impact on Crypto Trading (as of May 14, 2025)

1. Market Volatility:

Tariff Announcements (10% baseline, up to 145% for China) triggered sharp crypto sell-offs, with Bitcoin down 10%, Ethereum down 25%.

Rallies followed pauses and reductions (e.g., May 12 U.S.-China deal cut tariffs to 30%), helping Bitcoin rebound to $91K–$94K.

2. Correlation with Traditional Markets:

Cryptos are now more correlated with equities (e.g., Bitcoin mirrored S&P 500 and Nasdaq drops post-April 2).

Tariffs reduce liquidity, strengthen the U.S. dollar, and suppress crypto prices.

3. Mining Impact:

Tariffs raise hardware costs for U.S. miners importing from China (e.g., Bitmain)....