Since President Donald Trump’s inauguration on January 20, Bitcoin (Btc) has moved from a Record a high $ 109,000 Below $ 78,000 as major tariff announcements from the US and retaliation moves from trade partners have avoided chunks of cryptocurrency market value and rattled Global Market.
“Ang pabalik-balik sa mga taripa, kasama si Trump kung minsan ay matigas at kung minsan ay akomodasyon, ay nag-iwan ng mga merkado sa isang estado ng limbo, kung saan kakaunti ang mga tao na handang mag-bullish ngunit tulad ng kakaunti lamang na handang makibahagi sa kanilang mga pag-aari, na natatakot na maiiwan sa mga linya ng linya sa susunod na rally,” Justin D’Enethan, pinuno ng mga benta sa Liquify, sinabi sa Cointelegraph.
By mid -March, investors began to recover confidence as the White House messaging was directed to a more measured approach. But the mixed signals remain, and there is a second wave of “reward tariffs” that emerged on April 2 – called the release Day – the market jitters did not completely subside.
Trump’s Trade War Saga is furious at global markets but has evolved in a softer bearing in late March.
Colombian Tariff Standoff and Deepseek Disruption are shaking with Bitcoin
Bitcoin raised up to $ 100,000 to January 26, when Trump threatened 25% tariffs on all Colombian imports after Colombian President Gustavo Petro refused to accept US military aircraft carrying out migrants. Petro accused Trump of revolting immigrants and retaliating his own tariffs.
Colombia quickly flipped the course – Sumang -ayon To accept deportees – after dealing with pressure on US trade reliance. Bitcoin took $ 100,000 after a while. But the sentiment in the market was more shaken by the sudden rise of the Chinese firm Deepseek, with the budget-developed model caused fears of disruption to the tech sector and contributed to sentiment at risk throughout the market.
Bitcoin’s sinking below $ 100,000 in late January coincides with US tariffs standing with Colombia and the Deepseek increase. Source: Co ringecko
Tariff war begins and losses of bitcoin racks
In Feb. 1, Trump Signed an Executive Order To impose 10% tariffs on all Chinese imports and 25% on Canadian and Mexican goods, which is effective in Feb. 4, citing the national emergency in immigration and fentanyl. China, Canada and Mexico all threatened to take revenge.
Bitcoin collapsed below $ 93,000, which just rebound after Trump agreed with a 30-day pause on Canadian and Mexico tariffs in Feb.
Bitcoin’s collapse as Trump signed the Executive Order, its subsequent recovery was a dead cat bounce. Source: Coingecko
Bitcoin remained volatile in mid-February. On February 10, Trump announced Removing exceptions of steel and aluminum tariffs, raising all metal tariffs by 25%, effective March 12. He was then Unveiled A “reciprocal tariffs” plan to match foreign import taxes.
Bitcoin takes around $ 93,000 and briefly rallies to $ 99,000. But in February. 21, the momentum collapsed Following bybit hack – The biggest crypto violation in history – the sending of Bitcoin back to the bottom $ 90,000.
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Bitcoin collapsed before reaching $ 100,000 following bybit hack, then copper. Source: Coingecko
On February 25, Trump added to bearish pressure by ordering a test of potential tariffs on that brass -imported, citing national security. Bitcoin has sank below $ 80,000 for the first time since November.
March shows signs of relief for bitcoin
March kicks with Trump Releases Another order to check the tariffs on wood and wood. But the crypto briefly rallies after the White House Unveiled plans For a strategic Bitcoin and stockpile reserve of digital assets – including XRP, Sol, and ADA.
On March 4, Trump followed 25% tariffs in Canada and Mexico, and doubled Chinese tariffs by 20%. All three countries swore to retaliate. The next day, Trump gave a month’s exclusion of tariffs for US automakers importing from Canada and Mexico. One day later, the White House expanded the tariffs on many imports that qualified under the USMCA, while still threatening rewards tariffs on April 2.
Related: XRP, Sol or ADA belongs to a US crypto reserve?
Trump identified Mexico president Claudia Sheinbaum for the “never yet” cooperation. Canada also signed the tensions. Bitcoin saw the mark of $ 90,000 but eventually sank below March 7, and it did not reclaim that level at the time of writing.
Meanwhile, Trump finished the iron and hikes of aluminum. Then on March 13, he threatened 200% tariffs on European Wine, Champagne and Spirit if the EU advanced to a 50% American whiskey tax as a retaliation against iron and aluminum tax.
Bitcoin traded around $ 84,000 on March 1 and March 16 despite large swings in between. Source: Coingecko
Tone softens and Bitcoin begins but ‘release day’ nagloom
By mid -March, the tone of the administration began to soften. On March 18, Treasury Secretary Scott Bestent Says Tariffs are in accordance with the trading skills of each country and will be completely avoided if the partners lower their own obstacles.
Financial markets, rattled for weeks, began to recover. On March 24, Bitcoin rose to $ 88,474 in reports that Trump’s next tariffs were more targeted than the first feared.
The Softer White House Tone Sparks Bitcoin Recovery. Source: Coingecko
“This week leading to Trump’s reward tariffs on April 2, expect volatility to the market, corporate lobbying for exceptions, preemptive prices, and global diplomatic efforts to reduce impact,” Ryan Lee, Chief Analyst said in Bitget Research in a written review of cointelegraph.
“After the tariffs are effective, inflation spikes are expected, interrupting the supply chain, and mixed -up -to -work results, with potential shocks market shocks and revenge on proposals from partners like China and Canada that are likely to slow the US economy growth.”
Meanwhile, Liquify’s D’Tethan said that investors should continue monitoring traditional market development, especially with increasing bitcoin relationships with traditional indexes.
“With the BTC’s relationship with the S&P 500 and other traditional properties, it will not be silly to discount tariffs and geopolitical maneuvering,” he said.
By April 2, the crypto markets will remain fragile – and investors summarize what the “release day” can bring. Trump recently indicated while speaking To journalists that tariffs on vehicles, aluminum and pharmacists are considered.
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