Impact of Trump Tariffs on Crypto Market.
Impact of Trump Tariffs on Crypto Market
If Donald Trump re-imposes tariffs, it could have a mixed impact on the crypto market. When trade tensions increase, investors tend to turn to hedge assets, including Bitcoin (BTC) and gold, due to uncertainty. This demand can push crypto prices higher.
But, if tariffs increase inflation, governments could raise interest rates, which could be bearish for risk assets (crypto is also a risk asset). Also, if a trade war between China and the US intensifies, mining hardware and blockchain infrastructure could become more expensive.
If Trump softens crypto regulations, this could be positive. But uncertainty can always lead to high volatility in the crypto market. That's why traders should keep an eye on news and policies.