Trump’s new tariffs could indirectly affect cryptocurrency in a few ways.
Higher tariffs on imports may lead to trade tensions, inflation, or a slowing economy. This economic uncertainty can push some investors to buy Bitcoin or other cryptocurrencies as a hedge, boosting demand and prices.
However, tariffs could also strengthen the U.S. dollar if they reduce imports, which might weaken crypto prices since crypto often moves opposite the dollar.
Additionally, if tariffs hurt tech companies or supply chains, crypto mining equipment costs could rise.
Overall, tariffs don’t directly target crypto but they add market uncertainty, which can make crypto more volatile and attractive as an alternative asset.
