Trump-era tariff policies not only shook the stock market—but crypto also felt the impact. But, what is the actual effect on the crypto world?
💥 1. Mining Rig Prices Soar
Most mining devices are produced in China. When import tariffs were increased, the prices of devices like ASIC miners skyrocketed. The result? Companies like Riot and MARA were immediately pressured.
📉 2. Crypto Company Stocks Plummet
The rise in hardware costs is hitting company valuations. MARA and Riot fell more than 6%. MicroStrategy? Fell even deeper due to exposure to digital assets and infrastructure.
🔌 3. Blockchain Infrastructure Affected
Data centers and Web3 projects are also affected. The increase in prices for server racks, cooling systems, and networking devices makes operations more expensive.
🪙 4. Selling Pressure on Tokens by Developers
Rising operational costs = liquidity pressure. Some project teams ended up selling their tokens to survive. Short-term risks? Clearly there are.
✨ Rates may seem like a global economic issue, but the impact is felt down to our digital wallets.
📊 Stay alert, stay informed!
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