#TrumpTariffs Trump Tariffs Send Shockwaves Through Crypto | $BTC $BNB $SOL
President Trump’s aggressive tariff rollout—starting in February with 25% on Canada/Mexico and 10% on China, eventually spiking to nearly 145%—rattled global markets, and crypto took a direct hit. 😬
📉 The Fallout:
Bitcoin plunged from ~$105K to ~$92K
Over $1B in leveraged liquidations
Total crypto market cap loss: ~$230B
🔥 $BNB Shows Strength:
While most altcoins faltered, Binance Coin (BNB) proved resilient—dropping less than 10% as traders rotated into BNB to cut fees amid Binance volatility. 💼
📊 $SOL & Layer 1s React:
Projects like Solana ($SOL) saw sharp declines before modest rebounds during the tariff pause.
🟢 Relief Rally:
Markets briefly recovered after trade talks triggered a pause in tariff escalation—highlighting crypto’s increasing sensitivity to macro policy moves.
📌 Key Takeaway:
Macro matters again. Tariff policy is officially a crypto market catalyst. Stay hedged. Stay sharp. 🧠