Crypto Market Rocked by Trump’s Tariffs: A Look at This Week’s Biggest Movements

This week in the cryptocurrency markets saw significant price swings driven by escalating geopolitical tensions, particularly US President Donald Trump’s trade war. The ‘Liberation Day’ announcement sparked retaliatory tariffs from countries around the globe, including China, which imposed a 34% tariff on all goods imported from the United States. This volatility quickly impacted cryptocurrencies, with Bitcoin (BTC) experiencing a dramatic rollercoaster ride.