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 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, BTC's value dropped by 15% as U.S. indices like NASDAQ declined.

2️⃣ **Shift to "safe haven": In the long term, investors began to see Bitcoin as a digital gold alternative, 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 impacting decentralization.

**Data from Binance shows:**

- A 25% increase in $BTC trading volume after the announcement over 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 enhance Bitcoin's position as a long-term investment asset amid trade policy instability. 📈

#Digital_Economy