Crypto braces for Trump’s tariff announcment: what to expect
Markets are preparing for volatility ahead of President Donald Trump’s tariff announcement, with Bitfinex analysts warning that the final details could trigger either a relief rally or a deeper correction across crypto and equity markets.
U.S. President Donald Trump is set to reveal his “Liberation Day” tariff plan at 4 p.m. ET, potentially altering decades worth of trade relations with partners like China, Mexico, and Canada. The specifics of the levies remain unconfirmed, but proposed measures include delayed 25% tariffs and new duties on commodities such as lumber, copper, and microchips.
The tariff uncertainty, as expected, is leaving markets in limbo.
“Markets are already attempting to price in the…