On July 8, 2025, the US government announced new tariffs that had a significant impact on financial markets and the cryptocurrency space.
New Tariffs on Japan and South Korea
The White House announced a 25% tariff on goods from Japan and South Korea, effective August 1. President Trump emphasized the importance of fair trade, which was the main reason for this decision.
Market Reaction to New Measures
Following the announcements on July 8, global markets experienced turmoil. Major US stock indexes, such as the Dow, fell by 1.13%. At the same time, significant transactions were observed in the crypto market, including a large Bitcoin deposit at an exchange. Analysis of institutional investor actions indicates they are responding to expected policy changes.
Impact on Bitcoin and Crypto Markets
Bitcoin continues to draw attention with a current price of $107,856.98 and a market cap of approximately $2.15 trillion. Over the last 90 days, Bitcoin's price has increased by 39.31%. Data shows that Bitcoin often exhibits volatile movements during trade tensions, making it an important indicator for investors during uncertain times.
US tariffs might significantly influence the future development of both traditional financial markets and the cryptocurrency sector. Responses from investors and policymakers are expected, which could lead to potential stabilization of the crypto market.
