• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    FalconX Partners with Cantor for $2B Bitcoin Lending

    Marathon Digital Hits Record Bitcoin Mining Revenue

    Trump Media Invests $2.5B in Bitcoin Treasury Holdings

    Trump Media Raises $2.5B for Bitcoin Treasury Expansion

    Remixpoint Plans ¥1 Billion Bitcoin Investment Expansion

    Metaplanet Stock Surges Amid Bitcoin Strategy Focus

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Ethereum Surpasses Bitcoin in Q2 2025 Performance

    Sonar’s ICO Platform Launches with Plasma Seeking $50 Million

    Hedera Stablecoin Milestone Boosts HBAR Price Speculation

    Nasdaq Seeks Approval for 21Shares Sui ETF

    Alpaca Finance Announces Shutdown Amid Mounting Losses

    Standard Chartered Forecasts Solana at $500 by 2029

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Trump Imposes 50% Tariff, Crypto Markets React

Solomon M. by Solomon M.
April 7, 2025
in Latest News
  • Main event affects global markets, especially cryptocurrency.
  • Cryptocurrency prices dropped sharply post-announcement.
  • Volatility expected to continue amid trade tensions.

impact-of-tariffs-on-cryptocurrency-markets
Impact of Tariffs on Cryptocurrency Markets

President Donald Trump announced a new 50% tariff on China effective April 9 if retaliatory tariffs are not withdrawn. This announcement caused immediate reactions in the cryptocurrency market, especially affecting Bitcoin and Ethereum prices globally.

Trump’s announcement signals increased U.S.-China trade tensions, leading to significant cryptocurrency market shifts and investor uncertainty.

Market Effects

The U.S. President’s announcement of a potential 50% tariff increase on China triggered market volatility. Bitcoin’s sharp decline of 6% and Ethereum’s 12% drop underscore investors’ concerns. Both assets showed slight recovery soon after the initial fall.

“If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose ADDITIONAL Tariffs on China of 50%, effective April 9th.”
— Donald Trump, President of the United States

Donald Trump and the Chinese government are central to this trade conflict. The additional tariffs aim to counter China’s 34% retaliatory tariffs. Trump’s post on Truth Social emphasizes U.S. demands for fair trade practices.

Cryptocurrency markets felt immediate effects, as Bitcoin fell to $74,000 before stabilizing at $78,500. Ethereum mirrored this trend, dropping below $1,600. These price movements indicate a heightened sense of market unease.

Financial implications are evident in increased volatility, affecting institutional investments in crypto.

Economists anticipate a further shift to Bitcoin as an economic hedge. Market dynamics reflect uncertainties prompted by potential prolonged trade disruptions.

Historical precedents suggest volatile crypto markets during trade tensions. Investors may gravitate towards Bitcoin for stability, though potential market impacts remain speculative. Regulatory responses could influence future trade policies, thus affecting market behavior further.

Previous Post

Best Crypto to Invest in April 2025: Qubetics, Arbitrum (ARB), and Polkadot Compared

Next Post

Crypto Attorney Sues DHS for Satoshi Nakamoto’s Identity

Solomon M.

Solomon M.

Related Posts

Hasbulla’s BULLA Token Linked to Speculation

by Solomon M.
May 27, 2025

Hasbulla's alleged BULLA token causes confusion among different crypto projects, sparking speculation.

Circle Launches IPO on NYSE, Raising $624 Million

by Solomon M.
May 27, 2025

Circle, behind USDC stablecoin, files IPO on NYSE, marking major crypto milestone.

Circle Initiates IPO on NYSE, Offering 24 Million Shares

by Solomon M.
May 27, 2025

Circle Internet Group begins NYSE IPO, offering 24M shares priced at $24-$26 each.

EU and US Agree to Fast-Track Trade Talks

by Adriana M.
May 27, 2025

EU and US leaders agree to hasten trade talks, extending tariff deadline to July 2025.

US-EU Trade Negotiations See Tariff Delay

by Solomon M.
May 27, 2025

US and EU extend tariff negotiations deadline to July 2025, affecting global markets.

Pakistan Appoints Bilal Bin Saqib for Blockchain Leadership

by Solomon M.
May 27, 2025

Pakistan's PM appoints Bilal Bin Saqib to lead blockchain and crypto regulation initiatives.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.