#trumtariffs #TrumpTariffs 🔍 Overview: Trump Tariffs & Crypto Market
1. Tariff Policy Update
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The 'Liberation Day' tariffs begin on April 2, 2025, affecting various goods (10–50%, with up to 55% later on certain imports).
This has expanded globally, covering China, EU, UK, Canada, Mexico, and others—a sharp escalation from his first term.
A US court recently overturned these tariffs as exceeding presidential authority under emergency powers, blocking them until an appeal.
2. Immediate Crypto Market Reaction
Bitcoin and other cryptocurrencies dropped sharply following the April tariffs: 73592167727
down ~15% from $88.5K to $74.5K.
US crypto stocks like Coinbase, MicroStrategy, and miners fell 6–9% due to tariff-induced selling.
In the short term, tariffs trigger cautious sentiment across the market—crypto, tech stocks, and futures experience volatility.
3. Medium Term Trends & Analyst Views
Resilience & recovery: May and June saw a recovery—bitcoin testing $115K–$120K as tariff threats eased.
Risk of uncertainty: Analysts warn that continued 'sabre rattling' tariffs without resolution could trap BTC in sideways or downward movement.
Tailwinds from dollar weakness: Softer dollar 81633558277
and expectations of Fed rate cuts in response to tariff-induced slowdowns boost risk assets like crypto and gold.
4. Long-Term Crypto Potential
Experts suggest that the weakening of US dollar dominance could strengthen non-sovereign assets like bitcoin as a digital alternative.
The creation of strategic US crypto reserves and favorable regulatory measures under the Trump administration likely bolster institutional confidence.
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📈 Bottom Line for Crypto
Time Horizon Impact on Crypto
Short Term Volatile; sharp declines during tariff shocks
Medium Term Potential recovery if trade tensions ease