The recently announced US trade policy under Donald Trump's leadership has led to significant changes in global financial markets and directly impacted cryptocurrencies.
Impact on the Crypto Market
The cryptocurrency market faced considerable pressure after the introduction of US tariffs. Initially, market capitalization surged due to the creation of the Crypto Strategic Reserve, but the situation soon reversed, with the overall market losing $500 billion in value.
Investor Reaction
According to CoinMarketCap data, initial optimism was replaced by a downturn, with the 'Fear and Greed' index dropping to 24. Investors turned to more stable assets like gold and the US dollar.
Future of Cryptocurrencies
According to a Bank of America survey, cryptocurrencies are losing popularity among investors. 42% of investors see the new US trade policy as the main threat to risky assets. The market awaits further decisions at the upcoming Crypto Summit.
Current changes in US trade policy have a significant impact on global markets. The cryptocurrency sector will continue to monitor US government actions to adapt to changes.
