Trump’s Tariffs: How Are They Affecting the Cryptocurrency Market?

Following President Donald Trump’s imposition of reciprocal tariffs on global trade, the cryptocurrency market has witnessed a notable downturn. While the impact is still unfolding, experts are analyzing whether this recent policy change aligns with expectations and how it might shape the future of cryptocurrencies. 📈 The on-chain analytics platform Santiment revealed that despite initial bullish predictions, Bitcoin’s price has declined by approximately $5,000 since Trump’s announcement, and most altcoins have also followed suit. This suggests a market response to the policy shift may be underwhelming.