In brief
- U.S. President Donald Trump’s sweeping tariffs have revived global trade tensions, with potential knock-on effects for crypto markets.
- Analysts argued that rising costs and macro uncertainty could pressure mining operations and influence rate cuts.
- Crypto has held steady so far, but deeper disruptions could test market resilience, Decrypt was told.
U.S. President Donald Trump’s latest tariff salvo is spurring concerns over how global trade tensions could rattle crypto markets, as the measures took effect on more than 90 countries past midnight Thursday.
Minutes before the tariffs were set to go live, Trump took to Truth Social to tout the policy, claiming the duties would redirect “billions of dollars” into the U.S….
