#TariffsPause
What Are Tariffs — And Why Should Crypto Traders Care?
#CryptoBasics #Tariffs #BinanceSquare
A tariff is a tax placed on imported goods by a government. It's often used to protect local industries or respond to trade disputes.
But what does this have to do with crypto?
Tariffs can:
Trigger inflation (higher prices = less spending power)
Influence fiat currency strength
Spark global economic shifts
And guess what?
Crypto often reacts to these changes. Investors might move to digital assets like BTC or stablecoins when traditional markets become unstable.
So next time you hear “tariff hike,” check the charts.
It might just be your next trading signal.