๐น On July 12, Donald Trump announced a 30% tariff on imports from the European Union and Mexico, effective August 1.
๐น This move is part of a broader protectionist trade strategy targeting industrial competitiveness and geopolitical leverage.
๐น Market response:
โ Bitcoin and Ether saw tentative price action, with no strong breakout.
โ XRP remained relatively steady, suggesting partial decoupling from macro volatility.
๐ This highlights cryptoโs increasing correlation with global economic news โ especially under conditions of trade uncertainty.
๐ In times like these:
โ Track macroeconomic narratives, not just on-chain data.
โ Watch for potential volatility as the geopolitical situation evolved
โ Stay diversified and manage exposure responsibly.
๐งญ Crypto is not an island โ it reacts to real-world policy.
