BREAKING: Trump to announce update on Semiconductors Tariff Policy on Monday– What It Means for Crypto!
Donald Trump is expected to announce a major update on semiconductor tariffs on Monday— but what does that have to do with crypto?
Here’s the connection:
Semiconductors are the backbone of mining — GPUs, ASICs, and other chips are crucial for networks like Bitcoin (BTC), Litecoin (LTC), and Kaspa (KAS).
A hike in tariffs could raise production costs for mining equipment and slow down hardware upgrades.
This could impact hash rates, miner profitability, and even network security for PoW-based coins.
Traders should keep an eye on BTC, KAS, LTC, and even ETHW — all of which could react to mining-related pressure.
Plus, if supply chains tighten, it may fuel a broader narrative around decentralized tech and self-sovereignty — bullish for the entire crypto space.
Will tariffs give BTC a bullish boost or hurt miner-heavy tokens?
Let me know your thoughts in the comments!