#USChinaTensions Impact of the Tariff War between China and the United States on the Cryptocurrency Market today April 21, 2025*
The tariff war between China and the United States has intensified global economic uncertainty, directly affecting the cryptocurrency market. With the imposition of tariffs of up to 245% on key products, investors are seeking alternatives to protect their assets against volatility⁽¹⁾⁽²⁾.
Cryptocurrencies, especially Bitcoin (BTC), have gained prominence as a digital refuge amid these tensions. Its decentralization and resistance to censorship make it an attractive option compared to traditional assets like gold. However, the volatility of the crypto market has also increased due to its correlation with other risk assets, such as technology stocks.
China, despite its restrictions on cryptocurrency trading, continues to lead l