#TrumpTariffs You asked about “Trump tariff on bitcoin”—here’s a detailed, up‑to‑date breakdown as of August 1, 2025:

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📌 What Are Trump’s Tariffs?

• Former President Donald Trump has rolled out new sweeping reciprocal tariffs, targeting imports from numerous countries including Japan, South Korea, the EU, Mexico, Canada, Brazil, India, and more. These include baseline tariffs of 10%, with higher country‑specific rates ranging from 25% to 50%, some set to go into effect between August 1 and August 7, 2025     .

• While a lower court previously blocked some tariffs, the appeals court granted a stay, meaning most of these tariffs remain scheduled to proceed as planned .

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🔍 How Do Tariffs Affect Bitcoin?

1. Market Sentiment & Risk Aversion

Bitcoin, often treated as a “risk‑on” asset, tends to decline when market uncertainty rises. Trump’s tariff announcements have repeatedly rattled global markets, prompting profit‑taking and pushback in crypto markets  .

2. Observed Price Movements

• Following tariff threat cycles in early April 2025, Bitcoin dropped 5.4% to 5.7%, falling below $80K before recovering slightly .

• In July 2025, new tariffs targeting 14 nations took effect—or were threatened—with deadlines and deadlines shifted. Bitcoin dipped to around $108K–$109K from mid‑July highs above $122K—a 3–6% decline in just 2–3 weeks .

3. Short vs. Long Term

Analysts widely agree that these tariffs tend to suppress crypto prices in the short term only. In the longer run, many expect Bitcoin’s trajectory to remain resilient or recover once clarity returns  .

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⚠️ Current (Aug 1 2025) Impact on Bitcoin

• As of August 1, Bitcoin dropped over 3%, falling to around $114,800–$115,200, after the administration finalized tariff rates (with increases up to 41% on some trading partners)