#TrumpTariffs

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

Recently, U.S. President Trump announced new tariffs that include a basic 10% on all imports, with increases up to 145% on certain Chinese goods. This move has triggered 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 U.S. indices like NASDAQ declined.

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

3️⃣ **Mining costs: Tariffs may increase the prices of imported mining equipment, leading to greater centralization of the network and affecting decentralization.

**Data from Binance shows:**

- A 25% increase in $BTC trading volume after the announcement over 30 days, indicating rising demand as a hedge against risks.

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

**Conclusion:**

While tariffs may cause short-term volatility, they could bolster Bitcoin's position as a long-term investment asset amid unstable trade policies. 📈