1. New tariffs of up to 70% on products from over 50 countries, including China, the EU, Japan, and Canada, have been announced. This raises concerns in the markets and increases risk-off sentiment.

2. BTC is down ~1%, amid general caution — S&P and Nasdaq are weak.

3. The race for mining equipment: Bitmain and Canaan are moving production to the USA to bypass tariffs and reduce costs for miners.

4. Experts see both negatives and positives:

Negative — rising costs → pressure on market growth Positive — weakening dollar and strengthening BTC as 'digital gold'

Effect Consequences for crypto

Increase in uncertainty Possible declines in BTC and altcoins

Weakening USD Possible medium-term rise in BTC

Blow to miners Fluctuations in production and hash rate

Volatility Sharp movements possible 🤯

$BTC

What will you do — go long for a hedge or close positions due to stress from tariffs?👇

#TRUMPTariff #bitcoin #crypto #cryptocurrency #tariffs #BinanceSquare #Write2Earn