Trump tax rates and crypto shocks: EU whisky shakes bitcoin

Date: March 14, 2025
Trump's threat to impose 200% tariffs on EU alcohol, effective April 2, has sparked an unexpected economic storm. The stock market plummeted, and Bitcoin, an asset often seen as immune to trade drama, fell below $80,000, shaking investor confidence. In my market experience, this proves that protectionist policies can strike lightning during the day, even so-called "anti-system" digital assets. This uncertainty could lead to a potential trade war with the EU, fueling inflation and strengthening the dollar, the two archrivals of digital currencies in the short term. Behind this chaos, however, there is a silver lining: volatility often provides an entry point for smart investors to look for opportunities in a panic.
Although "panic sellers" liquidated their $1 billion derivatives positions in a single day, opportunists have begun to peek. Bitcoin may be hit now, but its fundamentals remain solid: supply is limited, and the "inflation-proof" narrative remains compelling, especially if the tariff war worsens. I've seen something similar before: the US-China trade crisis in 2019 actually drove cryptocurrency adoption. The X community has also been divided: some suspect that Trump's promise to support cryptocurrencies is just a gimmick, while others believe that this is just a temporary shock before the big rally. There is no doubt that the cryptocurrency market is no longer a silent bystander; It is an active participant in the global economic drama, and Trump's tariffs have just written a new chapter.
#Trump Tariff Impact Analysis