🥺Trump shakes up the crypto: Trade uncertainty sinks the market.🥺
Donald Trump's recent statements on trade policies have generated strong uncertainty in the markets, and cryptocurrencies have not been immune. The fear of new tariffs being imposed and the escalation of trade tensions have caused significant drops in the value of Bitcoin and other crypto assets.
Although some view cryptocurrencies as a safe haven against traditional economic instability, the inherent volatility of the crypto market is heightened during times of global uncertainty. Investors react by selling risk assets, which drags Bitcoin down. The situation underscores the interconnection between geopolitical policies and the dynamics of the digital market.
