- U.S. tariff suspension ends July 9, affecting international trade and markets.
- Cryptocurrencies may experience increased volatility risk.
- Market response reflects potential currency depreciation and economic shifts.
U.S. President Donald Trump has confirmed that the suspension of tariffs on international goods will not extend beyond July 9, 2025. His decision aligns with the “America First” strategy, as discussed in the White House’s action on regulating imports.
This decision is poised to impact global markets, with potential consequences for cryptocurrencies and international trade relations.
Trump’s No-Extension Stance Triggers Global Market Alert
Economists project significant volatility, especially affecting cryptocurrencies. Bitcoin has historically been viewed as a safe-haven amid economic uncertainties.
Financial experts, including Bessent, have cautioned against potential market destabilization. Trump’s administration, however, remains focused on benefiting U.S. interests.
“The expiration of the tariff deadline is expected to renew risk-off sentiment in the markets,” shared an unnamed analyst from Wall Street.
Bitcoin Positioned as Safe-Haven Amid Trade Policy Shifts
Did you know? Bitcoin has often been referred to as digital gold due to its limited supply and potential to act as a hedge against inflation.
In the crypto sphere, Bitcoin (BTC) currently stands at $107,783.80, with a market cap near $2.14 trillion. The upcoming tariff imposition could underscore Bitcoin’s role as a safe-haven, considering its historical performance in similar economic scenarios.
Coincu’s research team notes that the tariff expiration may affect regulatory landscapes for cryptocurrencies, with potential to adapt to new market demands. Investors could see increased Bitcoin trading volumes, potentially bridging regulatory gaps to foster global economic resilience.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/346022-trump-tariff-expiry-global-markets/