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Updates On USA Trade Tariffs
US Tariffs Ignite Financial And Crypto Markets
The recent U.S. tariffs introduced by President Trump—20% on European goods, 24% on Japanese goods, and 34% on Chinese imports—have caused a ripple effect across global markets, including cryptocurrencies. This aggressive trade stance has amplified economic uncertainty, leading investors to shift from riskier assets like crypto toward safer options.
Bitcoin, which had been trading above $80,000, dropped by around 5% to $79,000. Ethereum and Solana saw even steeper declines of 11% and 9.9%, respectively. The crypto sell-off is being fueled not only by the tariffs themselves but also by fear of prolonged economic strain and slowing global trade.
Technical analysts have pointed to a bearish signal in Bitcoin called a “death cross,” where the 50-day moving average falls below the 200-day average—a pattern typically seen before further price drops. Key support levels to watch are $74K, $65K, and $57K.
Despite the immediate downturn, some market analysts believe that continued economic instability could eventually push investors back to Bitcoin, viewing it as a hedge against inflation or traditional market weakness—much like gold.
In summary, the new U.S. tariffs have intensified market volatility and led to a notable pullback in crypto prices. The long-term impact will depend on how the broader economy absorbs these trade measures and whether crypto can regain its appeal as a safe haven asset.
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