How Will Trumps Liberation Day Tariffs Impact Bitcoin Price?
The post How Will Trumps Liberation Day Tariffs Impact Bitcoin Price? appeared first on Coinpedia Fintech News
Financial markets started the week with gains, but a storm could be brewing. April 2, dubbed Liberation Day by U.S. President Donald Trump, marks the rollout of new tariffs targeting countries with trade barriers against the U.S. Trump says this will strengthen the American economy, but experts warn it could unleash serious market chaos.
Crypto markets are already reacting- Bitcoin has surged to $87,230, while Solanas SOL is up nearly 6% to $138.
But that might just be the beginning. With global markets on edge and uncertainty running high, the real question is: will April 2 bring a financial boost or a major meltdown?
What Is Happening on April 2?
On April 2, the U.S. government will introduce a new round of tariffs. Trump sees this as a move to strengthen the U.S. economy, but analysts worry it could cause financial instability worldwide.
Economic expert Alex Kruger says this could be the biggest market event of the year possibly 10 times bigger than any Federal Reserve meeting.
Kruger explains that the markets reaction will depend on how strict Trumps tariffs are. If the tariffs are mild, the market may rise sharply. But if Trump announces harsh trade rules, the market could fall by 10% to 15% very quickly.
Investors Prepare for Market Swings
Some analysts warn that the impact of these tariffs could hit hardest around mid-April, just as U.S. Tax Day approachesalready a volatile period for financial markets.
Meanwhile, other countries are working to reduce trade tensions. Mexicos President Claudia Sheinbaum is in talks with the U.S. to address immigration and crime, hoping to avoid economic fallout. However, experts say this may not be enough to prevent market risks.
Tariffs Already Causing Disruptions
The effects of Trumps trade policies are already being felt. In February, he raised tariffs on Canadian, Mexican, and Chinese imports, causing an immediate downturn in the crypto market. Bitcoin plunged from $105,000 to $92,000, and the total crypto market cap dropped by 8% in a single day.
With just days left until April 2, investors are bracing for major market swings. If the tariffs are aggressive, both stock and crypto markets could experience extreme volatility.
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