Donald Trump’s tariffs can impact the cryptocurrency market in several indirect but significant ways, primarily through their effects on the broader economy, investor sentiment, and market dynamics. While cryptocurrencies like Bitcoin and Ethereum aren’t directly tied to physical goods or trade policies, they are increasingly correlated with macroeconomic factors and risk assets, making them sensitive to the ripple effects of tariffs. Here’s how these tariffs might affect the crypto market, based on current trends and economic principles:Economic Uncertainty and Risk Sentiment: Tariffs, such as the proposed or implemented 25% duties on imports from Canada and Mexico and 10% on Chinese goods, introduce uncertainty into global trade. This often spooks investors, leading them to pull back from riskier assets like cryptocurrencies. For example, when Trump announced tariffs in early 2025, Bitcoin dropped from highs above $100,000 to as low as $91,000, and Ethereum saw even steeper declines, reflecting a broader sell-off in risk assets. Investors tend to shift

TRUMP-4.23%
BTC-1.59%
ETH-3.64%
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