The announcement of new tariffs by President Trump has led to significant changes in the cryptocurrency market, raising questions about the future of digital assets.
Trump's Tariffs on International Markets
On April 2, 2025, **President Trump** introduced new [tariffs](https://budgetmodel.wharton.upenn.edu/issues/category/Trade) affecting **global trade**. These tariffs are a continuation of his policy and target imports from multiple countries. They constitute a **10% universal tariff** and higher rates for China and the EU, escalating previous measures.
Crypto Market Reaction to Tariffs
Cryptocurrency markets reacted to these changes with **Bitcoin falling** from $88,000 to $82,000. **Ethereum** and **XRP** also experienced downturns, reflecting broader risk-off **market sentiment**.
Economists caution that these tariffs may induce **inflationary pressures**; some experts anticipate growing **crypto adoption** as a hedge against trade instability.
Bitcoin Growth Prospects Amid Tariff Policies
Previous tariffs during Trump's first term briefly paralleled today's conditions, with similar **market disruptions**. The 2025 tariffs are more **comprehensive** than those of 2017-2021. An expert predicts **Bitcoin rising** to $150,000, potentially establishing itself as a safe haven among investors seeking **protection** from global financial fragmentation.
Trump's tariffs have a significant impact on the cryptocurrency market, causing both short-term price drops and long-term growth predictions. These events underscore the importance of cryptocurrencies as an alternative in times of economic uncertainty.
