$BTC $ETH $XRP
The announcement by President Donald Trump regarding the establishment of a strategic reserve of cryptocurrencies sparked a wave of reaction in the market, as prices rose significantly before quickly retracting, due to profit-taking and increasing economic concerns.
Direct impact of tariffs
The imposition of new tariffs on China, Canada, and Mexico had a clear impact on the market:
Coins like ADA, XRP, and SOL dropped by over 20% in a single day.
Selling pressures on high-risk assets have increased.
Concerns have emerged about new waves of volatility in the coming days.
A state of anticipation among investors
Investors are awaiting the results of the upcoming White House meeting to discuss the future of cryptocurrencies, amid anticipation and caution due to the ambiguity in the official stance.
Analysts' assessment
Many analysts see that the market has reached a state of exhaustion after the recent surge, and that Trump's economic decisions were among the reasons that pushed investors to sell and reduce risks.
A changing relationship between Trump and cryptocurrencies
During his presidency, Trump's policies had a dual impact on the market:
His indirect support helped the growth of cryptocurrencies in previous periods.
On the other hand, the lack of a clear regulatory vision has increased volatility.
A look to the future
The outlook remains unclear, especially amid trade tensions and changing economic policies. What is certain is that the impact of politics on cryptocurrencies has become stronger than ever, requiring careful monitoring and calculated investment decisions.
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