Trump's Trade War Causes Turmoil in Cryptocurrency Markets
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Market Reaction to Trump's Tariff Announcement: The cryptocurrency market experienced significant volatility following Donald Trump's announcement of a 100% tariff on China, leading to a sharp decline in the Crypto Fear & Greed Index and a drop in Bitcoin's price to $102,000, with over $19 billion in liquidations reported.
Investor Sentiment and Market Analysis: Despite the turmoil, some analysts, including Andre Dragosch from Bitwise Europe, noted a strong counter-buy signal in market sentiment, suggesting that the current downturn may present a buying opportunity as the market enters an extreme fear zone, reminiscent of past recovery patterns.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
