#TrumpTariffs
overview of Trump's tariffs and crypto impact:
**Trump's Tariffs & Crypto: Turbulence & Opportunity**
President Trump's sweeping April 2025 tariffs (10% baseline, 54% on China, 36% on Thailand) triggered immediate crypto panic. Bitcoin plunged 15% ($88.5K → $74.5K), Ethereum sank 28%, and crypto-correlated stocks (Coinbase, MicroStrategy) fell 6-10%. Investors fled risk assets fearing inflation and recession.
Crypto mining faces severe disruption. Tariffs spiked ASIC miner costs by 20-36%, forcing urgent relocations. Miners like Luxor raced to import hardware before deadlines. Smaller operations risk closure, threatening network security.
A stark conflict emerges: While tariffs may weaken the dollar long-term (potentially boosting crypto as an alternative), Trump-linked entities stand to gain. His sons promote "American Bitcoin," and Trump Media holds $2.5B in BTC – benefiting if dollar distrust grows.
Short-term, crypto remains volatile, pressured by dollar liquidity crunches. Long-term, Bitcoin could decouple as a stagflation hedge if economic instability deepens. Experts advise dollar-cost averaging into major assets (BTC, ETH) and monitoring Fed policy amid ongoing uncertainty.
