#TrumpTariffs đ Bitcoin Holds $107K as Global Markets Brace for Trade War Volatility đ
President Trumpâs plan to impose unilateral tariffs within two weeks has sent shockwaves through markets, with Bitcoin (BTC/USDT) testing $107,750 amid a risk-off shift. Hereâs what crypto traders need to know:
đ„ Key Impacts:
- Dollar Weakness: Bloomberg Dollar Index hit a 2025 low, boosting cryptoâs appeal as a hedge.
- Equity Sell-Off: S&P 500 futures dropped 0.4%, while gold surged 1% as safe havens rallied.
- Crypto Reaction: BTC dipped 1.66% from $110K resistance, but institutional inflows via ETFs may cushion further drops.
đĄÂ Pro Tip: Watch for BTC/KRW volume spikes â South Korean traders often lead during macro uncertainty.
â ïžÂ Warning: Arthur Hayes predicts "rising crypto volatility" as tariff deadlines near.
Did You Know? The UK economy shrank 0.3% in April due to tariff fallout â a cautionary tale.
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