#CryptoRegulation

Financial markets are savoring a brief respite after the economic turmoil caused by the 'tariff war' unleashed by President of the United States, Donald Trump.

As reported by CriptoNoticias, on April 2, the president imposed reciprocal tariffs on several countries, including China, Canada, the European Union (EU), and Latin America.

Just when the conflict between the United States and several nations seemed to escalate to unimaginable levels, the Trump administration announced trade agreements with authorities in China and the United Kingdom, which brought some relief to financial markets.

Donald Trump reading a speech.

The President of the United States, Donald Trump, announces trade agreements with the United Kingdom. Source: Donald Trump – Truth Social.

In one of their latest reports, specialists from Galaxy Digital, a digital asset management firm, indicate that Trump's tariff announcements reignited volatility in financial markets, but left one certainty: bitcoin (BTC) evolved as a hedging instrument against the growing macroeconomic instability and geopolitical risk.