The recent reduction of tariffs on automotive parts by the Trump administration may signal a more flexible approach to global trade, but his economic policy remains unpredictable. At the same time, his administration has adopted measures that directly affect the cryptocurrency sector. For example, the establishment of a Strategic Bitcoin Reserve by the U.S. government suggests a recognition of Bitcoin as a national reserve asset. This could boost institutional confidence in the cryptocurrency, leading to greater adoption by banks and investment funds.
On the other hand, the SEC's decision to classify stablecoins as securities may create uncertainty for assets like USDC and USDT, increasing regulation on these coins and possibly reducing their liquidity in the market. If this regulation is too strict, it may lead investors to seek alternatives like DAI, which operates in a more decentralized manner.
Additionally, the new trade tariffs imposed by Trump in April 2025 may directly impact the cryptocurrency mining industry, especially if they affect the import of essential hardware for Bitcoin and other crypto mining. This could increase operational costs for miners in the U.S., making mining less profitable and potentially reducing the network's hash rate.
The cryptocurrency market is already reacting to these changes. Bitcoin, which reached a record of $109,000, is now being traded between $70,000 and $80,000, reflecting the volatility caused by macroeconomic and regulatory factors. Ethereum, on the other hand, experienced a sharp decline of 46% in the quarter, which may indicate concerns about its position in the market in light of the new regulations.
If Trump continues to expand his economic protection policy, we may see an increase in the adoption of cryptocurrencies as a way to avoid trade barriers and sanctions. Countries affected by tariffs may seek decentralized alternatives for international transactions, strengthening the use of Bitcoin and stablecoins in emerging markets.
What I mean is that while some measures may strengthen Bitcoin as an institutional asset, others may create challenges for stablecoins and cryptocurrency mining. The market is in a moment of adjustment, and investors should pay attention to the upcoming decisions from the U.S. government.
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