#TrumpTariffs

The tariffs announced by Trump in April 2025 —including a 10% general tariff and specific rates up to 125% in some countries— caused significant upheaval in the crypto markets. Bitcoin and Ethereum fell between 19% and 40% since January, reflecting the high correlation with stock indices. Furthermore, massive liquidations were recorded —over US$2 billion in 24 hours after tariffs on Mexico/Canada— and volatility increased. Although some investors are seeking refuge in crypto against inflation and a strong dollar, the majority reacted with a 'risk-off' strategy, prioritizing gold and bonds.