The bitcoin and cryptocurrencies fall, but resist better than expected after Donald Trump’s announcement. The announcement of a 10% universal tariff by Donald Trump He shook global markets, awakening fears of inflation, escalation in commercial disputes and a brake on economic growth. As a result, risk assets suffered a significant setback.
Despite what was expected, Bitcoin and cryptocurrencies The tariff ononut with falls of up to 3%in the last 24 hours led by Polkadot, followed by hedera (-2.2%) and Ripple (-2.2%). Bitcoin yields 0.10% Au $ S82,700, according to Binance, while Ethereum earns 0.7% Au $ 1,800.
“We are facing one of the most aggressive tariff measures in recent history, with high rates and an extremely short maneuver margin before application. The idea that the Federal Reserve can reduce rates in the midst of this scenario seems unlikely,” warns Michael Brown, a senior Pepperstone analyst. In his opinion, the ‘Liberation Day’ proclaimed by Trump could in reality the beginning of a new commercial war with reprisals globally.
However, some analysts do not see the overview. Since 10x Research indicate that, although stock markets have yielded land, the reaction of implicit volatility has been relatively contained. “The VIX index has risen to 23.5%, which reflects some uncertainty, but remains far from the 36% peak reached in August 2024, when the fear of a recession intensified due to the weakening of the labor market,” they explain.
What analyzes the crypto market
Carolina Gama, Country Manager of Argentina for Bitget, He explained that Trump’s unexpectedly severe tariffs, which include 10-49% rates on imports, could have triggered a massive sale driven by panic in the market in general, with ETH and Sun falling around 6% and investors moving to Stablecoins as fear increased.
“Beyond the initial impact, these tariffs threaten the US economy, which could generate repercussions on cryptoactive markets. The increase in import costs-specially He warned range.
At the same time, the estimation of the GDP of the first quarter of 2025 by the Atlanta Fed, which foresees a 2.8%drop, could worsen as consumption and business investment are resigned under tariff pressure.
“A weakening of the dollar due to the economic tension and a possible flexibility of the Fed could boost the BTC as coverage, with data that indicate early accumulation trends. However, the Altcoins may need more solid foundations to benefit long term,” the expert concluded.
Asian markets have been the first to react with significant falls, headed by the Japanese Nikkei, while in Europe the main stock markets have also registered descents. The European Union and several Asian economies have promised to retaliate. In particular, China has demanded from the United States the immediate cancellation of tariffs, qualifying them as “unilateral intimidation” and a threat to international trade.
In the field of cryptocurrencies, Bitcoin has shown a remarkable resilience in the face of macroeconomic turbulence. Naeem Aslam, Investment Director of Zaye Capital Markets, warns about the formation of a “cross of death” in its technical graph, a bearish signal that occurs when the 50 -day mobile average crosses below the 200 -day.
“Historically, this pattern has been a mixed indicator of future falls, but in an environment of commercial tensions, a test of support levels around $ 73,800 cannot be ruled out, which would represent a setback of 13% from current prices,” says Aslam.
On the other hand, the options market also reflects some pessimism. Delibit and Amberdata data show an increase in sales positions (‘Puts’) with expiration in June, suggesting that investors are looking for protection against a possible fallcoin price drop. However, the resistance of cryptocurrencies in a context of uncertainty could reinforce their appeal as a refuge against erratic economic policies.
Source: Ambito
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