#TrumpTariffs
Donald Trump's tariff policies have created significant ripples in the crypto market. While not directly taxing cryptocurrencies, tariffs introduce economic uncertainty, leading to increased volatility. Initially, they can trigger sell-offs as investors de-risk, causing Bitcoin and altcoins to drop.
However, some view crypto as a hedge against inflation and weakening fiat currencies that can result from tariffs and trade wars. If confidence in traditional financial systems wanes, decentralized assets like Bitcoin may see increased demand. Mining profitability can also be affected by tariffs on hardware. Ultimately, the crypto market's reaction depends on broader economic sentiment and how tariffs influence central bank policies.