#特朗普宣布新关税政策

The impact of Trump's new tariffs on the crypto market, this is how I see it, what do you think 👀?

Starting February 24, 2026, Trump will impose a temporary 10%-15% tariff on global imports, which will directly impact risk appetite in the crypto market in the short term. Cryptocurrencies are highly correlated with US stocks (Bitcoin's correlation with the Nasdaq is about 0.74). The tariffs trigger volatility in global stock markets, causing cryptocurrencies to weaken simultaneously. Funds are flowing out of Bitcoin ETFs significantly, and the total market capitalization short-term shrinks.

US miners rely on Asian mining machines, and high tariffs increase mining costs, squeezing mining profits and hurting the domestic mining industry. Policy uncertainty intensifies, institutional risk aversion rises, and funds that previously entered due to "crypto-friendly" expectations are quickly withdrawing. Mainstream coins like Bitcoin and Ethereum face short-term pressure, and there are more liquidation events in the derivatives market.

In the long term, if tariffs trigger inflation and stagflation, Bitcoin's "digital gold" attribute may temporarily re-emerge; but in the short term, the market still follows risk asset logic, with trends aligned with macroeconomics and US stocks. Policy implementation and subsequent negotiations will continue to influence the rhythm of the crypto market.