Trump Tariffs Trigger Crypto Shockwave | $BTC $BNB $SOL
President Trump’s tariff offensive shook more than just traditional markets—crypto got slammed too. 😬
It started in February:
🔹 25% tariffs on Canada & Mexico
🔹 10% on China
...but it didn’t stop there. Tariffs surged to nearly 145% in some categories, sending global markets reeling—and crypto wasn’t spared.
📉 What Happened in Crypto?
$BTC dropped from ~$105K to ~$92K
Over $1 billion in liquidations wiped out leveraged traders
Total crypto market cap fell by around $230B
That’s not just volatility. That’s a macro-driven meltdown.
🔥 $BNB Showed Strength
While altcoins bled, Binance Coin ($BNB) held up relatively well—down less than 10%.
Why?
Traders rotated into $BNB to cut trading fees and hedge during extreme volatility on Binance. Strategic move. 💼📉
📊 $SOL & Other Layer 1s Took a Hit
Layer 1s like Solana ($SOL) felt the burn too. Quick dips across the board—but we saw a modest bounce when tariff talks paused.
It’s clear now: crypto reacts instantly to macro headlines.
🟢 The Bounce
After a temporary pause in tariff escalation (thanks to trade negotiations), crypto saw a brief rebound.
That bounce wasn’t random—it shows growing correlation between crypto & geopolitics.
📌 Final Takeaway
> Tariff policies are now direct market catalysts for crypto.
Macro matters again. Stay hedged. Stay alert. 🧠
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