Impact of U.S. Trade Policies on Crypto and Traditional Markets
President Donald Trump’s confirmation of 25% tariffs on imports from Canada and Mexico further unsettled global markets, leading to volatility in Bitcoin (BTC) and other risk assets. The uncertainty surrounding potential EU tariffs and broader trade policies contributed to a market-wide de-risking trend, pushing U.S. Treasury yields to their lowest levels in two months.
The global crypto market cap dropped from $3.6 trillion to $2.8 trillion over the past month, with late February seeing a sharper decline as regulatory and macroeconomic concerns continued to weigh on investor sentiment.
Solana Sees Outflows, Bitcoin Dominance Increases