$BTC

US tariffs could significantly impact Bitcoin (BTC) and the broader crypto market. Here's a breakdown of the potential effects:

Short-term Impact:

- Increased Volatility: Tariffs could lead to economic instability, causing Bitcoin's price to fluctuate wildly alongside other risky assets.

- Slower Economic Growth: Higher tariffs might slow down economic growth, reducing demand for Bitcoin and potentially causing its price to drop temporarily.

- Higher Inflation: Tariffs could increase inflation, leading to speculation about higher interest rates and affecting Bitcoin's price.