Trump’s Tariffs and Crypto’s Response
Donald Trump's new tariffs—ranging from 10% to 50% on imports from over 60 countries—have sparked trade tensions, aimed at boosting U.S. revenue and countering "unfair practices." Despite criticism over potential inflation, Trump proposes using tariff proceeds for rebate checks to citizens.
Meanwhile, the crypto market is thriving. Bitcoin hit $123K, Ethereum ETFs saw massive inflows, and the GENIUS Act brought regulatory clarity to stablecoins. Justin Sun’s spaceflight and Nasdaq debut add cultural flair, while DeFi platforms like Mutuum Finance and altcoins like Hedera (HBAR) experience rapid growth.
Trump’s policies are inspiring crypto-friendly legislation, positioning blockchain technology as a serious contender in shaping future economic systems.
