Crypto markets recoil in the wake of Liberation Day tariffs
Major cryptocurrencies like Bitcoin, Solana, and Ethereum have dropped following Trump’s Liberation Day tariffs announcement. However, analysts believe a crypto rally could be on the horizon.
On April 4, President Donald Trump announced that the United States is invoking at least a 10% tariff on all imported goods that come into the country. The announcement shook up global markets leading to major stocks plunging to some of its lowest levels since 2022.
Investors have grown weary that Trump’s new trade policies could spark a rise in consumer prices, signaling the beginnings of a recession.
Odds on Polymarket betting that the U.S. will experience a recession in 2025 have mostly placed their money on YES, with…
