Trump’s recent announcement of new tariffs on goods from countries like India, Taiwan, and Canada sparked heightened volatility across global markets, and the crypto sector was no exception. Ethereum (ETH) and other major cryptocurrencies saw notable outflows and price dips as risk-off sentiment gripped investors, with ETH ETFs experiencing significant net outflows totaling over $450 million in a single day. While Bitcoin ETFs also faced withdrawals, the broader uncertainty triggered profit-taking and short-term pullbacks across digital assets. These moves highlight how macroeconomic policy shifts, such as protectionist trade measures, can rapidly impact crypto market sentiment and capital flows.
