Trump Tariffs Are Back — and Crypto Is Reacting Fast
Trump’s tariff talk isn’t just shaking up trade—it’s sending shockwaves through the crypto market.
When news of sweeping new tariffs broke, Bitcoin plunged nearly 10%, wiping out over $300 billion from the market. But it didn’t stay down for long. After a brief pause in the tariff rollout, Bitcoin snapped back above $100,000, with SOL and other altcoins rallying right behind it.
Why the wild swings? Tariffs fuel inflation fears and economic uncertainty—two things that historically drive investors toward crypto. But they also threaten the tech supply chain, raising costs for miners and blockchain developers, especially with higher prices on imported GPUs and ASICs.
Some nations are responding by doubling down on stablecoins and digital assets to escape dollar dominance in trade, giving crypto an unexpected boost in real-world utility.
Bottom line: Trump’s tariffs may be aimed at global trade, but they’re clearly hitting crypto too—sparking fear, opportunity, and a whole new wave of adoption. Traders, buckle up.