#美国加征关税

U.S. President Donald Trump announced a new round of tariff measures on global imports on April 2, 2025, including a 10% base tariff on all countries and higher tariffs on specific trading partners, such as a 34% tariff on Chinese goods and a 20% tariff on EU goods. These measures had a widespread impact on global financial markets, particularly in the cryptocurrency sector.

Short-term Reaction of the Cryptocurrency Market

Following the tariff announcement, the cryptocurrency market experienced significant volatility. Bitcoin (BTC) dropped by 2.3%, and Ethereum (ETH) fell by 3.3%. Additionally, cryptocurrency-related stocks were affected, with Coinbase Global down about 4%, major Bitcoin holder Strategy down 3%, and mining companies MARA Holdings, Riot Platforms, and Bitfarms down approximately 4%, 5%, and 6%, respectively.

Increase in Investor Risk Aversion

Faced with the risk of escalating trade wars, investors tended to shift towards traditional safe-haven assets like gold, reducing their holdings in high-risk assets such as cryptocurrencies. This led to a decline in the prices of cryptocurrencies like Bitcoin.

Long-term Effects and Market Expectations

Although the cryptocurrency market was negatively impacted in the short term, some analysts believe that the tariff policy could weaken the dollar's dominance, potentially benefiting decentralized digital assets like Bitcoin in the long run. Moreover, as global economic uncertainty increases, cryptocurrencies may be viewed as a tool to hedge against risks in the traditional financial system, attracting more investor attention.

Conclusion

The new round of tariff measures in the U.S. had a significant short-term impact on the cryptocurrency market, leading to price declines and market volatility. However, in the long run, these policies may prompt investors to reassess the role of cryptocurrencies in the global economy, potentially enhancing their status as safe-haven assets. Investors should closely monitor the developments in trade policy and its ongoing impact on the cryptocurrency market.