How do Trump's new tariffs affect the crypto market? An analysis based on Binance data ๐Ÿ“Š**

Recently, U.S. 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 sparked a wave of volatility in global markets, including the crypto market.

**Impact of tariffs on Bitcoin and digital assets:

1๏ธโƒฃ **Correlation with traditional markets**: In the early days following the announcement, BTC's value fell by 15% as U.S. indices such as NASDAQ declined.

2๏ธโƒฃ **Shift to "safe haven": In the long term, investors began to view Bitcoin as a substitute for digital gold, especially with rising inflation and a weakening dollar.

3๏ธโƒฃ **Mining costs: Tariffs may raise the prices of imported mining equipment, which increases network centralization and affects decentralization.

**Data from Binance shows:**

- Trading volume increased to 69402036341 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 diversification strategies.

**Conclusion:**

While tariffs have caused short-term volatility, they may enhance Bitcoin's position as a long-term investment asset amid trade policy instability. ๐Ÿ“ˆ

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