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Bitcoin: US tariffs crush BTC price
By Davide Grammatica
Confirmation of new tariffs imposed by Donald Trump on China, Mexico, and Canada is also impacting BTC, one step away from returning to the $100k
Trump's decisions
In the last 24, with a -3.6% performance, Bitcoin is back to question the fundamental support of the $100k.
The blame falls on the latest moves by the US president, who recently confirmed the implementation of new tariffs on China (10%), Mexico (25%) and Canada (25%).
The pressure on the price of BTC is therefore indirect, and also a child of a strengthening of the U.S. dollar in the short term.
The variables, at any rate, in these early months of the Trump administration, seem to be increasing more and more. First and foremost, the Federal Reserve is closely watching the new president’s immigration and trade policies, which could impact the inflation outlook. As a result, the effects will also be felt for BTC, for better or worse. New tariffs, at this point, could also be decisive in determining the new timing of interest rate cuts.
“Tariffs tend to slow down capital market flows,” Juan Leon, Senior Investment Strategist at Bitwise, told Decrypt, on the subject of Trump’s move. “Investors may be concerned that the tariffs could dry up liquidity intended for alternative investments such as cryptocurrencies.”
Crypto world suffers
Bitcoin was just trying to recover from the market correction triggered by the advent of DeepSeek, but global market turmoil seems to preclude further upside. Indeed, all the major stock indexes are suffering, such as theS&P 500, the Nasdaq Composite and the Dow Jones.
Similarly, the entire altcoin world reports numerous losses, with very few exceptions such as Hyperliquid (HYPE) and MANTRA (OM), which, on the other hand, record not inconsiderable weekly performances of +21 percent and +54 percent, respectively.