Trump’s Tariff Move Causes Ethereum Price Drop, But Traders Remain Optimistic

President Trump’s recent tariff announcements impacted global markets and triggered a notable drop in Ethereum’s price. ETH experienced a 3% decline following the announcement, highlighting the cryptocurrency sector’s sensitivity to political shifts. However, traders remain confident in the long-term potential of Ethereum despite short-term volatility. Analysts suggest that ETF inflows and robust network effects may counteract these temporary pressures. Key Opinion Leaders (KOLs) highlight the bullish outlook on Ethereum, believing that market corrections could present buying opportunities for ETH enthusiasts.