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

US President Trump recently announced new tariffs that include a 10% baseline 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 dropped by 15% as US indices like NASDAQ fell.

2️⃣ **Shift to "safe haven": Over the long term, investors have begun 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, leading to increased centralization of the network and affecting decentralization.

**Data from Binance shows:**

- Trading volume rose to $BTC after the announcement by 25% in 30 days, 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 bolster Bitcoin's position as a long-term investment asset amid unstable trade policies. 📈

#Digital_Economy #Trump $TRUMP $BTC