Trump Tariffs Shake Up Crypto Markets: What’s Next for Bitcoin and Altcoins?

The cryptocurrency market is in turmoil following Donald Trump's latest economic move—imposing a 25% tariff on imports from Canada and Mexico. While aimed at bolstering U.S. manufacturing, these tariffs have triggered panic across global markets, including crypto.

Immediate Impact on Crypto Markets

The announcement sent Bitcoin tumbling below $95,000, while Ethereum dropped 11% to $2,500. Altcoins suffered heavy losses—**Solana (SOL) fell 16%, Dogecoin (DOGE) 13%, and XRP 10%**. The volatility resulted in $950 million in liquidations, as leveraged traders were caught off guard.

Why Are Tariffs Affecting Crypto?

1. Inflation Fears: Investors worry that tariffs will drive up prices, prompting the Federal Reserve to maintain high interest rates, making risk assets like crypto less attractive.

2. Risk-Off Sentiment: Traditional markets also reacted negatively, leading to a flight to safety in assets like gold and stablecoins.

3. Uncertainty in U.S. Policy: Trump’s stance on crypto remains unpredictable. While he has hinted at being crypto-friendly, aggressive trade policies create instability.

Is a Market Bottom Near?

Despite the downturn, some analysts see this as a potential buy-the-dip opportunity. Traders are eyeing $86,000-$87,000 as key support for Bitcoin, with expectations of a market bottom forming by late March or April.

Final Thoughts

While Trump's tariffs have rattled crypto markets, the long-term impact depends on how inflation, interest rates, and global trade evolve. Will Bitcoin recover, or is more downside ahead? Let’s discuss in the comments

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