Why Is the Crypto Market Down Today and How Traders are Playing BTC, XRP, SOL Dip
The kickstart of heavy tariffs under the Trump administration has ushered in a new chapter of uncertainty and opportunity for the crypto market, one that tends to ebb and flow with changes in the global economy.
Tariffs, by design, increase the cost of imported goods, often leading to higher inflation, shifts in supply chains, and fluctuations in currency valuations. A stronger U.S. dollar, driven by tariff-induced trade imbalances, might initially pressure crypto prices downward as investors flock to traditional safe havens.
However, prolonged economic uncertainty could fuel bitcoin’s appeal as a store of value, especially if central banks respond with loose monetary policies.
Here’s how crypto traders and market watchers are…
