Potential Impact on Bitcoin bcz of 104% Tariff on china..
On April 9, 2025, the U.S. enforced extensive tariffs targeting imports from approximately 90 countries, with China facing the steepest levy at a cumulative rate of 104%. This move is part of President Trump’s broader strategy to address trade imbalances and bolster domestic manufacturing. #CryptoTariffDrop #TrumpTariffs #BTC #btc70k
The cryptocurrency market, particularly Bitcoin, is not immune to these developments. Historically, Bitcoin has exhibited sensitivity to macroeconomic factors and market sentiment. Analysts have projected that Bitcoin’s price could drop by nearly 26% in the first quarter of 2025, potentially falling to around $75,000. This anticipated decline is attributed to various factors, including increased market volatility and broader economic uncertainties stemming from ongoing trade
The enforcement of a 104% tariff on Chinese imports by the U.S. has significantly disrupted global financial markets, leading to substantial losses in major stock indices and raising concerns about a potential recession. The cryptocurrency market, with Bitcoin at the forefront, may also experience further volatility as investors react to these escalating trade tensions.
• Trump says no trade deals until the U.S. trade deficit is resolved, especially with China. • Broad tariffs are being used to pressure countries, causing global market volatility. • Economists warn trade deficits can’t be fixed in a week—structural changes take time. • Companies face billions in losses due to tariffs, leading to potential job cuts. • Job losses may force retail investors to withdraw investments to support their families. • This could further hurt the economy and delay recovery or reinvestment.
On the other hand Fed is not cutting interest rate until next 2 months, though trump is pushing for it. The damage is greater then I imagined.. #btc70k #TRUMP #TrumpTariffs #TrumpCrypto #BTC
Nationwide Protests Erupt Over Trump-Era Tariffs; Crypto Sees Volatility
Massive protests broke out across the U.S. this weekend against the reimposed Trump-era tariffs, with demonstrators citing rising costs, job losses, and trade instability. The unrest, especially in key industrial and agricultural states, has sparked fresh economic uncertainty.
Impact on Crypto Market: The protests and fears of a prolonged trade war have shaken investor confidence in traditional markets. If continued , the political unrest could bring heightened volatility across both traditional and digital markets. Be careful #BTC #btc70k
$BTC #TrumpTariffs Since the overnight all financial markets reacting negatively and New tariffs will definitely increase inflation.. its expected that crypto market should also fall , no matter how much fake breakouts getting created by next week we may see bitcoin drop to 75k$ level..
Just as a business man.. imagine president J Trump announcing $TRUMP coin as a federal reserve instead of bitcoin.. and then bitcoin will go down to 60k$ .. and he can cash out the meme coin for a while..later after some protests or new thoughts he considers to include #BTC and #solana and #xrp etc in to Federal reserve..