$BTC What it Means for Crypto on Binance!

Donald Trump's aggressive tariff policies are back in full swing. With a deadline of August 1, 2025, for new tariffs to take effect if bilateral trade deals aren't finalized, global trade is on edge. For example, a 26% duty is set for Indian goods if no agreement is reached by July 9th.

Impact on Crypto:

Market Volatility: Tariffs create economic uncertainty and can lead to a "risk-off" sentiment in traditional markets, which often spills over into crypto.

Inflationary Pressure: Tariffs increase import costs, potentially leading to higher consumer prices. This could push central banks to maintain higher interest rates, impacting risk assets like crypto.