#TrumpTariffs The Impact of Trump's Tariffs on the Crypto Market

Immediate Market Turmoil

President Trump's April 2025 tariffs—a 10% baseline on all imports plus targeted rates (e.g., 54% on China, 36% on Thailand)—triggered a crypto market sell-off. Bitcoin plummeted from $88,500 to $74,500 (-15%), while Ethereum and Solana fell by 28% and 11.6%, respectively. Crypto stocks like Coinbase and MicroStrategy also dropped 6–10% as investors fled risky assets amid inflation and recession fears .