🚨 Trump's Tariffs Shake U.S. Bitcoin Mining Industry 🚨
Donald Trump’s new 34% export tariff on Chinese goods is set to disrupt U.S. Bitcoin mining, as China remains the top supplier of mining equipment. The crypto market has already reacted, with Bitcoin (BTC) dropping 3.18% from $85,238 to $82,526.
🔻 Key Impacts:
🔹 Higher costs for U.S. miners, reducing profitability
🔹 Coinbase stock down 7.7%, MicroStrategy down 5.6%
🔹 Mining firms rushing to import equipment before the tariffs hit
⚡ What’s Next?
While some major manufacturers like Bitmain and MicroBT are shifting operations to the U.S., miners may have to rethink expansion plans. Will this push Bitcoin mining dominance away from the U.S.?
