#TrumpTariffs

**🚀 How do Trump's new tariffs affect the crypto market? An analysis based on Binance data 📊**

Recently, US President Trump announced new tariffs that include a 10% base rate on all imports, with increases of up to 145% on certain Chinese goods. This move has sparked a wave of volatility in global markets, including the crypto market.

**Impact of tariffs on Bitcoin and digital assets:

1️⃣ **Correlation with traditional markets**: In the early days following the announcement, the value of BTC fell by 15% as US indices like NASDAQ declined.

2️⃣ **Shift to "safe haven": In the long term, investors are beginning to view Bitcoin as an alternative to digital gold, especially with rising inflation and a weakening dollar.

3️⃣ **Mining costs: Tariffs may raise the prices of imported mining equipment, which could increase network centralization and affect decentralization.

**Data from Binance shows:**

- The trading volume of $BTC increased by 25% in 30 days following the announcement, indicating increased demand as a hedge against risks.

- Growing institutional interest in digital assets as part of a diversification strategy.

**Conclusion:**

While tariffs have caused short-term volatility, they may enhance Bitcoin's position as a long-term investment asset amidst trade policy instability. 📈