quote#CryptoRegulation

Optimism is not what it used to be: how the crypto market perceives Trump's trade policy

The cryptocurrency community, which previously welcomed Trump's return with optimism, is now showing more restrained sentiments due to trade tariffs. After the elections, cryptocurrency rates soared, but then Bitcoin$BTC lost about 12% due to heightened global trade tensions.

Enthusiasm has given way to concern primarily due to trade tariffs. Although the crypto market began the year with optimism, investor sentiments remain uncertain due to economic risks associated with the White House's policy.