Trump’s Tariffs Spark Volatility in Global Crypto Markets

President Trump has implemented ‘Liberation Day’ tariffs targeting over 25 countries, causing ripples in global crypto markets. Bitcoin witnessed a quick 2.3% surge to $66,500 and Ethereum gained 3.1%, indicating market volatility fueled by this development. GameStop’s recent $1.5 billion investment into Bitcoin underscores institutional confidence amidst the tariff-induced turbulence. Social media suggests bullish sentiment among retail traders who perceive this as a buying opportunity. Despite the lack of immediate regulatory responses, markets remain cautiously optimistic, with many investors viewing digital assets as potential safeguards in volatile geopolitical situations. The historical trend suggests similar economic measures previously led to significant Bitcoin appreciation. Expert opinions suggest this could signify strategic interest across sectors.