#TrumpTariffs
#TrumpTariffs
President Trump’s sweeping “Liberation Day” tariffs—announced April 2, 2025—stirred global markets and sent ripples across crypto. Bitcoin initially plunged ~6% as risk-off sentiment rose amid fears of slowing growth . Analysts warn that an extended tariff cycle could trap BTC in a volatile range under $100 K this summer . In the short term, crypto may behave like equities, reacting to macro uncertainty. Long-term, weaker US dollar and potential Fed rate cuts might boost Bitcoin’s appeal as digital gold . On Binance, traders should watch key support near $90–95 K and resistances at $105 K+. Utilize tools like stop-limit orders and diversify with stablecoins to navigate this policy-driven volatility.
#TrumpTariffs #Binance #CryptoStrategy