#TrumpTariffs The policy of American tariffs, particularly that adopted by the Trump administration, aims to reduce the trade deficit and stimulate domestic production through the imposition of tariffs on imported goods, especially from China, Mexico, and Canada. This strategy, often referred to as a "trade war," has generated uncertainty and volatility in global markets, with retaliation from affected countries.
In the crypto markets, the current consequences are tangible. Bitcoin and other cryptocurrencies, often considered risk assets, tend to experience significant fluctuations during periods of economic instability. The rise in inflation and the slowdown of economic growth, potential effects of tariffs, can reduce the demand for risky assets like Bitcoin.
Additionally, altcoins, being more tied to the technology sector, show an even closer correlation with the performance of stock markets, which are directly affected by trade tensions.
Although some analysts believe that tariffs do not directly impact cryptocurrencies, investor sentiment and the perception of increased risk negatively influence prices, leading to declines and instability, as evidenced by recent drops.