Trump’s Tariffs Drive Cryptocurrency Surge: NVIDIA’s Deal and US-China Trade Impact

Recent cryptocurrency price surges may be linked to tariffs implemented under President Trump’s policies, according to a new analysis. Specifically, the impact of deals between U.S. tech giants like Nvidia and AMD with China as well as renewed export license procedures by the U.S. Department of Commerce suggest shifting economic dynamics. 10-Trillion-dollar companies are utilizing their clout to bypass Chinese restrictions, contributing to a positive trend in the cryptocurrency market, even amidst trade tensions. This analysis explores how these events have impacted the crypto sector.