#TrumpTariffs Market Impact

• Bitcoin fell below $115,000 with altcoins retreating 5-8% after Trump's announcement of 55% tariffs on over 60 countries

• Liquidations of $1.1 trillion occurred as Bitcoin's correlation with stocks reached 0.90

• Crypto is now behaving like a risk asset instead of a hedge against inflation during this economic shock

Main Factors

• The "tariff wave" is creating inflationary pressure despite the economic slowdown

• The Fed maintains an aggressive stance despite market turbulence

• Disruptions in global supply chains are accelerating risk aversion

• See detailed analysis in TrumpTariffs Market Blood

Trading Strategies

• Consider reducing leveraged positions while the correlation with stocks remains high

• Watch for contrarian opportunities if the Fed signals a policy shift

• Monitor Market Discussions to identify changes in sentiment

• Observe the increase in stablecoin flows, indicating defensive positioning

Market Outlook

• The sensitivity of cryptocurrencies to US policies is now undeniable

• Follow Binance Square for community insights on Tariff Turmoil

• Adaptive risk management is essential as macroeconomic narratives evolve