How experts see Trump’s shock tariffs affecting Bitcoin and crypto prices – DL News
- Cryptocurrencies dipped on Trump’s sweeping global tariffs.
- The market shed 4% in the last day.
- Analysts remain bullish on Bitcoin’s long-term prospects.
The crypto market shed $180 million in the last 24 hours, a 6% decline in its total value to $2.75 trillion, as investors reacted to US President Donald Trump’s sweeping global tariffs.
Unveiled on Wednesday, which Trump dubbed “Liberation Day,” the tariffs imposed fresh levies on everything from Chinese goods to European industries and threaten to cause deep fractures in global trade, market analysts say.
Crucially for the crypto industry, the tariffs could disrupt miners, blockchain developers, and the global liquidity supply for the market.
Still, market observers say they are…
