Recent tariff policies implemented by the U.S. government have impacted Bitcoin and other cryptocurrencies, prompting a decline in market value. This decline follows Trump’s announcement of the Strategic Bitcoin Reserve initiative, which has led to a drop of approximately 13% in Bitcoin holdings. 10% tariffs on imported goods into the US were implemented last weekend by President Trump, with an additional 50% tariff threat against China, resulting in market volatility across various sectors. The U.S. government’s crypto asset portfolio, valued at approximately $15.9 billion, has been significantly impacted, as a significant portion of this portfolio consists of Bitcoin (~$15.6 billion). This situation highlights the interconnectedness between economic fluctuations, trade wars, and the influence of tariffs on both digital assets and traditional markets. While some believe cryptocurrencies may operate independently of these markets, recent events suggest otherwise, resulting in a decline of around 15% in the total cryptocurrency market capitalization since last week’s tariff announcements.