#TrumpTariffs When Trump announced steep tariffs — such as a 25% levy on Japan and South Korea or broader 50% tariffs targeting China — Bitcoin dropped by around 1% within hours. In early April, BTC fell from roughly $85K to $81K following tariff news but later rebounded, outperforming equities as investors turned to alternative assets.

Analysts note that such tariffs could weaken the US dollar and drive inflation — a scenario in which Bitcoin, as a non-sovereign asset, historically thrives over the long term. However, in the short term, trade uncertainty tends to weigh on risk assets like Bitcoin.

Typically, tariff announcements trigger brief declines in BTC, mirroring equities during risk-off periods. Yet over extended timeframes, these same tariffs may enhance Bitcoin’s appeal as a hedge, contributing to price resilience and occasional rallies.