🚨 Trump’s Tariffs Shake the Crypto Market: What’s Next for BTC and ETH? 🔥

President Trump’s announcement of reciprocal tariffs has sent shockwaves through global markets, including crypto. Here’s what you need to know:

📉 Immediate Impact on Crypto

Bitcoin: Dropped 3.5% to $65,600 within hours of the announcement but rebounded to $84,327 (+1% in 24h).

Ethereum: Fell 3.2%, now trading near $1,863, testing key support levels.

XRP ($XRP ): Holding steady at $2.10 despite market turbulence.

🔍 Why It Matters

1️⃣ Economic Uncertainty: Tariffs create instability, prompting investors to move away from risk assets like crypto.

2️⃣ Inflation Concerns: Higher costs for imports could strengthen the USD, putting downward pressure on Bitcoin and altcoins.

3️⃣ Mining Costs: Tariffs on tech imports may increase hardware costs, impacting U.S.-based miners and potentially lowering Bitcoin’s hash rate.

🔮 Predictions for $BTC and $ETH

Analysts expect Bitcoin to consolidate between $81K-$85K in the short term.

Ethereum may retest $1,850 support but could rebound if broader market sentiment improves.

💡 Pro Tip: Monitor stablecoins like USDT and USDC during volatility—they’ve seen a 5% trading volume increase as investors seek safety.

What’s your strategy during this tariff-driven uncertainty? Share your thoughts below! 👇

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