#trumptariff
Recent news highlights the crypto market's sensitivity to potential new tariffs. The announcement of new tariffs has triggered market volatility and a risk-off sentiment, causing a significant drop in crypto market capitalization. While the direct impact on decentralized crypto is limited, indirect effects through economic uncertainty and investor behavior are substantial. Some view crypto as a hedge against fiat instability caused by tariffs, while others see it as a risk asset vulnerable to economic downturns triggered by trade tensions.
