đ Crypto Market Slumps Amid Geopolitical Tensions & U.S. Trade Policies đşđ¸
The crypto market is taking a hit, driven by U.S. trade policies under President Trump. Restrictions on Nvidia's chip exports to China, announced in April 2025, sparked a tech sector dive, with Nasdaq 100 futures dropping 2.3% on April 3 (Reuters). With cryptos tied to U.S. tech stocks since May 2020, prices are feeling the heatâCoinbase fell 7.7% and MicroStrategy 5.6% the same day.
Trumpâs upcoming tariffs are set to fuel inflation and currency swings, adding more pressure (Newsweek). Meanwhile, Chinaâs reportedly selling off 15,000 BTC ($1.4B) from its 190,000 BTC ($16B) stash, echoing past market-flooding sell-offs like the $20B PlusToken scheme (Cointelegraph, HODL FM). State-level dumps by Germany and the U.S. have also fueled panic, contributing to todayâs market dynamics.
