#TrumpTariffs

Trump’s Tariffs Shake Global Markets and Crypto Prices

Former President Donald Trump’s new tariffs, announced on “Liberation Day,” have caused major disruptions in global financial markets. Even safe-haven assets like gold dropped sharply on Thursday.

Experts like Wedbush analyst Dan Ives called the tariffs “worse than the worst case scenario.” Stock markets took a big hit, with the S&P 500 falling 4.6% and the tech-heavy Nasdaq plunging 5% in a single day.

Cryptocurrency prices also dropped. Bitcoin held up better than most, staying above the $81,600 support level. However, many smaller altcoins — including Pi, Hyperliquid, Pepe, and Fartcoin — saw much steeper losses.

Despite the chaos, some analysts believe a turnaround is near. They say Bitcoin and the broader crypto market could soon start another strong upward rally.

Quick Summary:

• How do Trump’s tariffs affect Bitcoin?

• When could crypto prices go back up?

• Which cryptocurrencies might do best?

-How Do Trump’s Tariffs Affect Bitcoin?

Bitcoin tends to move in the same direction as U.S. tech stocks, especially those in the Nasdaq 100.

That’s why the cryptocurrency reacted poorly to Trump’s tariff announcement. The new trade penalties include:

• 54% tariffs on China

• 46% on Vietnam

• 32% on Taiwan

• 26% on India

• 20% on the European Union

• Plus a general 10% tariff on all countries

These steep tariffs have sparked fears of stagflation — a troubling economic condition with high inflation and low growth.

The U.S. dollar index (DXY) dropped 1.6% on Thursday. That suggests investors are losing confidence in the economy and expect the Federal Reserve to ease interest rates later this year. #TrumpTariffs