đ„ Trump Tariffs: Shockwaves Across Global Trade & Crypto đșđžđ
President Trumpâs latest tariff blitzâdubbed âTerrific Notificationsââhas rattled markets worldwide. With aggressive rates ranging from 10% to 70% targeting 10â12 trading partners, this move signals a bold escalation in U.S. economic policy.
đ Market Reaction:
- Bitcoin plunged 6% post-announcement, then rebounded to ~$109K, showing resilience amid chaos.
- Ethereum slipped to $2,585, while altcoins like XRP, SOL, and ADA dropped 1.2â1.7%.
- Meme-coins took a harder hit, with some crashing over 50%.
đĄ Why It Matters for Crypto Traders:
- Inflation Alert: Fed Chair Powell warns tariffs could spike inflation, weakening the USD.
- Crypto Hedge: As fiat trembles, Bitcoinâs role as a store of value strengthens.
- Legislative Tailwinds: Bills like the GENIUS Act and stablecoin reforms offer bullish momentum.
đ§ Aliâs Take: In volatile times, strategic positioning is key. Watch for MACD divergence signals and whale activity around $BTC and $ETH . Tariffs may trigger short-term panicâbut also long-term opportunity.