#CryptoTariffDrop

Recently spread due to developments related to the tariffs announced by former US President Donald Trump, and their impact on the cryptocurrency market.

In February 2025, Trump announced new tariffs including:

25% on imports from Canada and Mexico.

An additional 10% on goods coming from China.

This move caused a state of economic instability, prompting investors to steer clear of high-risk assets such as cryptocurrencies.

Key impacts:

Sharp decline in cryptocurrency prices:

Bitcoin fell to around $95,000.

Ethereum and other currencies recorded significant drops.

Liquidation of over $2.23 billion in trading positions within just 24 hours.

Some analysts believe that such disruptions may enhance the importance of decentralized assets in the long term, but in the short term, they undermine the market and increase its volatility.