#TariffHODL The recent imposition of tariffs by President Donald Trump on imports from Canada, Mexico, and China has significantly impacted the cryptocurrency market. Following the announcement, Bitcoin's price dropped from approximately $105,000 to $92,000, before rebounding above $100,000 after a pause on tariffs for Mexico and Canada. Other cryptocurrencies, such as Ethereum and Dogecoin, also experienced notable declines.

In total, over $2 billion was wiped from the crypto market within 24 hours, reflecting the severity of the sell-off. This downturn underscores the increasing sensitivity of cryptocurrencies to global economic events and geopolitical tensions.

The term "HODL" in the cryptocurrency community refers to holding onto assets rather than selling them during market volatility. In light of the recent tariff-induced market fluctuations, the concept of "tariffHODL" emerges, suggesting that investors may choose to hold their crypto assets despite economic uncertainties caused by international trade policies.