Donald Trump’s tariffs, Bitcoin and crypto market: Everything you need to know about why the market collapses
Bitcoin was sent with the entire crypto market. Another short turmoil In the last few hours, a new wave of reduction sensitivity causes the entire big market limit. Red bleeding cryptos. This Sea of Red watched an interesting announcement of former President Donald Trump, who introduced the so -called one of the biggest tariff policies in the US history.
Speaking at the “Make America again rich” event, Trump showed his plan to bring tariffs to 185 countries, which immediately shook global financial markets, especially stocks and digital assets.
Real Tariff Shock: A Chain Reaction Starting with a Poster
The crypto industry fell to 2% in the last 24 -hour period, Falling as Bitcoin Low at $ 82.277. At the center of the storm, Donald Trump’s government’s government’s Wall Street Journal initially reported the term “mutual tariffs olan, a strategy that goes far beyond the base line. When did the narrative change Trump Announced Tariffs are not flat tariffs, not mutual tariffs.
This means that the US will take part in half of the ratio that other countries are currently imposed on American goods. For this reason, Trump would have 34% of the US tariff for countries like China, which he claimed to accuse the US 67%. The European Union was compatible with a 20% tariff.
As the announcement developed, the S&P 500 -term transactions deleted a market value of $ 2 trillion in less than fifteen minutes. What strongly translated market emotions was Trump’s visual aid at 16:26. Only a few minutes ago, S&P future increased by 2%. 16:42 They fell to ET 4%. Interestingly, Nasdaq 100 -term transactions are on the way to fall with more than 900 points.
Bitcoin’s reaction Just like fast Like traditional markets. Bitcoin saw a sharp decrease with sales in technology stocks, while at risk throughout the global markets. Recent strengthening correlation between Bitcoin and US technology equity means that the decline in Nasdaq and S&P 500 was directly poured into the digital asset area.
Timeline of Tariff Application and Reflections against Investors
Trump announced that the 10% initial tariff will come into force on April 5 and that higher mutual tariffs will enter into force on April 9th. Pharmaceuticals, semiconductors, copper and timber were exempted, while countries such as Canada and Mexico have escaped completely new tariffs thanks to USMCA compatibility. Even Russia was out of this tariff tour at least for now.
Despite the promise of Trump’s historical tax deductions, the markets are still red. It is difficult to measure long -term inferences, but analysts interpreting the economic scope of politics have led to a decrease of 150 basic points as a possibility of GDP growth.
In accordance with To analysts The “Kobeissi letter,” the largest week of trade deficit in the US history must be coming to April 5 and 9 in the next three days. They also expect tariffs to reduce the US GDP growth 150 basic points. As of today, the US has published a two -month trade deficit of $ 300 billion.
Bitcoin traded at $ 83,569 And it recovered a little From the lowest level of $ 82.277.
Graphics from TradingView.com
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