In April #加密市场季度观察 2025, the United States announced the implementation of high tariffs on major trading partners, triggering global economic discussions. According to a report by Bloomberg on April 10, U.S. tariffs on Chinese goods have soared to 104%, Japan faces a 24% tariff, while non-USMCA goods from Canada and Mexico are subject to a 25% tax rate. These policies not only reshape trade patterns but also bring new possibilities for the cryptocurrency market, particularly Bitcoin (BTC). The following analysis examines the impact of tariffs on cryptocurrencies from multiple perspectives to help investors identify opportunities and risks.