How U.S. Tariffs Affect the Cryptocurrency Market

Recent tariffs implemented by the Trump administration have significantly impacted the cryptocurrency market, leading to losses for investors. This article delves into how these tariffs are affecting the US economy and potentially influencing the cryptocurrency landscape. We examine recent PMI data releases, analyze expert opinions on the manufacturing sector’s response, explore potential implications of the European Union’s interest rate reduction, and consider the impact on cryptocurrencies if tariff effects become more apparent.