Former US President Donald Trump’s new tariff policies have created a stir in global trade and financial markets. As the pressure on the dollar increased, investors’ inclination increased towards safe digital assets, and as a result, the price of bitcoin has crossed the record $82,000.
What is Trump's tariff policy?
As a Republican candidate in the 2025 presidential elections, Donald Trump has announced that if he returns to power, he will impose heavy tariffs (import duties) on China and other major trading countries. According to him, this step is necessary to “protect American industries”.
However, this policy has created uncertainty among investors, which weakened the dollar and strengthened crypto assets like bitcoin.
Dollar weak, crypto strong
The dollar index (DXY) in the foreign exchange market has seen a decline of about 2.1%, which is the weakest position in the last 9 months. Due to this, investors turned to cryptocurrency to secure their portfolio.
- The price of bitcoin rose by more than $3,500 in 24 hours to reach $82,100.
- Ethereum and other top altcoins like Solana and Chainlink have also seen an increase of 5% to 9%.
Opinion of market experts
According to crypto expert Maya Singh:
“In situations like weakness in the dollar and fear of trade war, digital assets are being seen as ‘digital gold’. Bitcoin still has potential for further growth.”
At the same time, some analysts believe that even though Trump’s rhetoric may be an election strategy, its immediate effect is visible in the market.
Global crypto adoption booming
Along with the surge in bitcoin, a positive environment is being created in many countries regarding digital assets:
- Trade volumes on exchanges in Japan and South Korea have jumped by 15%.
- Demand for crypto funds and ETFs is also increasing in India, especially as a hedge against the dollar.
What does it mean for investors?
If Trump’s tariff policy is indeed implemented, volatility in the global financial market may increase further in the next few months. In such a situation, crypto can emerge as a “decentralized and borderless” option.
Experts advise that investors keep an eye on the market direction and focus on long-term positioning.
Amid dollar weakness and fears of a global tariff war, cryptocurrencies like bitcoin have once again shown their strength. Much remains to be seen regarding the impact of Trump’s policies on the markets, but one thing is for sure — crypto is no longer just an option, but a serious financial asset.