Donald Trump’s Tariffs, Bitcoin, And The Crypto Market: Everything You Should Know About Why The Market Crashed

Donald Trump’s Tariffs, Bitcoin, And The Crypto Market: Everything You Should Know About Why The Market Crashed
Bitcoin crash
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Bitcoin has been sent, along with the entire encryption market Another short chaos In the past few hours, after it has hit a new wave of landing feelings, causing all the large market hat Red bleeding encryption. This sea was followed by Red an interesting advertisement from former President Donald Trump, who presented so -called tariff policies in the history of the United States.

Speaking at the “Make American Wealthy” event again, Trump revealed a plan to impose a tariff on 185 countries, a step that immediately shook global financial markets, especially stocks and digital assets.

The shock of the real tariff: a serial reaction that started with a poster

The encryption industry has decreased to 2 % in the time frame for the past 24 hours, With a decrease in bitcoin Decrease to 82,277 dollars. In the middle of the storm, the term “mutual tariff”, a strategy by the Donald Trump government, was much more than 10 % reported by the Wall Street Journal at first. The narration turned when Trump explained The definitions were not a flat tariff, but the mutual definitions.

This means that the United States will impose duties at half a rate imposed by other countries currently on American goods. As such, for countries like China, which Trump has been interested in 67 % of the United States, there will be a 34 % American tariff in response. The European Union was in line with the proposed tariff by 20 %.

As the advertisement is revealed, the S & P 500 Futures 2 trillion dollars wipes out the maximum market in less than fifteen minutes. What violently transforms the market morale is Trump’s optical aid at 4:26 pm exactly East time. Just moments ago, the future of S&P rose 2 %. By 4:42 pm EST, they fell 4 %. Interestingly, Nasdaq 100 Futures is on the right path to sink more than 900 points.

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Bitcoin reaction was Just as fast As in traditional markets. When the feeling of dangers through global markets, Bitcoin witnessed a sharp decrease in synonyms with technical stocks. The last link between Bitcoin and US Tech The shares of technology means that the contraction in Nasdak and S& P 500 are spilled directly into the digital asset area.

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Source: x

The schedule for implementing the tariffs and repercussions on investors

Trump announced that the 10 % foundation tariff will become valid on the fifth of April, with a mutual tariff on April 9. Exemptions were granted to specific categories such as medications, semiconductors, copper, and wood, while countries like Canada and Mexico have survived completely new definitions, thanks to the compliance of USMCA. Even Russia was left from this tariff tour, at least at the present time.

Despite Trump’s promise coinciding with historical tax cuts, the markets are still deep in red. It is difficult to determine the long -convenient effects, but analysts who explain the economic scope of politics have already put forward a decrease in product product on GDP 150 in GDP growth as a possibility.

According to For analysts in “Kobe’s speech”, the largest commercial deficit must come for one week in the history of the United States in the next three days until April 5 and 9. They also expect the definitions to decrease 150 basis points for US gross domestic product growth. From today, the United States has published a historic historical deficit of $ 300 billion.

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Bitcoin is trading at $ 83,569 He has recovered a little Its lowest level per day is $ 82.277.

Trump tariff BTC rock with crash | Source: BTCUSDT on Tradingview.com

The graph from Tradingview.com

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