Trump’s tariffs: What are they?
Donald Trump, a US president, has a new tariff in China, Canada and Mexico among other important dealing partners on February 4, 2025. It was the cause of the introduction of concern tax on economic dependence on drug trafficking, illegal immigration, national security and foreign supply chains.
- Canada and Mexico: 25%of import tariffs have been imposed.
- china: 10% tariff has been introduced.
- European UnionTrump threatened the future tariffs.
- Other sectorsFrom February 18th, tariffs on superconducting, oil, gas, steel and copper have been planned.
Canada and Mexico threatened retaliation and expanded the dispute to a full -fledged trade war, and later the two countries reached temporary transactions with the United States, including delayed anti -measurement of the United States for 30 days.
Encryption and stock market react
Following the announcement of tariffs, the global financial market has experienced selling. Encryption market Bitcoin and Altcoin were spared in the face of large -scale liquidation.
Major Market Movement:
- Bitcoin (BTC) On February 2, it fell below $ 100,000.
- XRP and Cardano (there) 17% and 22%, respectively.
- Trump’s World Free Finance Port Polio It has been reduced by 20%.
- Total market liquidation It was presumed in the meantime $ 8 billion and $ 10 billion.
- BYBIT alone had a $ 2.1 billion liquidation Within 24 hours.
The stock market has also gained popularity and the main index has decreased overall.
Status of Bitcoin: Dangerous Terms or Risk Assets?
Crash accidents due to tariffs on the classification of Bitcoin Dangerous or Risk off legacy.
|
Asset |
characteristics |
Bitcoin’s actions |
|
Dangerous |
It is led by income, emotions, and guesses |
It showed a negative response to tariffs and showed dangerous-on behavior. |
|
Risk off |
Safe refuge of economic uncertainty |
Unlike gold or bonds, it could not maintain value. |
Market analysts agree greatly Bitcoin It works as a risk asset. Customs to reduce global liquidity have a negative impact on the price of Bitcoin.
Future market impact
Analysts are divided into Bitcoin’s future price fluctuations in the ongoing trade tension.
Weak outlook:
- If the US and their trade partners do not reach a contract, Bitcoin can face more down pressure.
- Retaliation of Canada, Mexico and China can deepen financial uncertainty.
- Increasing market volatility can shake investors’ trust in Bitcoin.
Strong Prospect:
- Some investors see this dip as an opportunity to buy.
- André Dragosch in Bitwise mentioned “great reduction in emotions” and suggested “adding exposure to Bitcoin.”
- Jeff Park little Invest predicted a “violent” bitcoin price surge as financial uncertainty increased.
Trump’s own investment is hit
Trump’s economic strategy affected not only the global market but also his private investment. his World Free Financial ProtocolA lot of investments in Altcoins suffered 21% decline Value, lost $ 51.7 million February 2.
Despite these losses, Trump remains a firm state, saying that the United States has been used economically for years by other countries. He admitted that Americans could face short -term pain, but justified the tariffs necessary for the long -term economy.
Trump’s tariffs are Bitcoin and in the financial market Altcoin We are seeing a large selling. Some investors think this is an opportunity to buy, but other investors argue that such market uncertainty can push Bitcoin much lower.
As trade tension continues, the classification of Bitcoin’s risk assets becomes clearer, raising concerns about stability during economic downturn. It is still uncertain whether this confusion will lead to a long -term or further reduction, and in the next few weeks, it is important for both encryption and traditional markets.