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Trump's Tariffs and Their Impact on Economy and Crypto Market

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by Giorgi Kostiuk

7 days ago


Former U.S. President Donald Trump expressed a positive view on his tariff policy, which attracted attention from both economists and cryptocurrency market participants.

Trump's Tariff Policy and Its Consequences

Donald Trump claimed the ongoing success of his tariff policy, which he believes positively impacts the international financial situation. Trump's stance may affect economic and financial landscapes, despite no significant changes in financial allocations. Economic commentators have begun actively discussing the potential implications of this position.

Crypto Market's Reaction to the News

The cryptocurrency Bitcoin shows cautious optimism in response to tariff news. Currently, its price stands at $83,644.14, with a market cap of $1.66 trillion. Despite a 3.13% rise over 24 hours, the asset has declined by 14.98% over 60 days. Participants in the crypto market express mixed feelings, emphasizing the importance of further economic signals.

Crypto Analysts on Economic Trends

Studies show that Trump's tariffs may influence not only traditional financial markets but also cryptocurrency ones. Analysts from Coincu note that similar changes in the past sparked market stir, and now attention is focused on potential cross-market implications of tariff policy.

Trump's statements on tariffs have become a catalyst for discussions related to both traditional economy and cryptocurrency markets, demonstrating the complex interconnection between these two spheres.

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