- Former President Trump praises tariffs’ success on Truth Social.
- Economic implications prompt cautious reactions in crypto markets.
- Bitcoin shows volatility amid policy-related market dynamics.
Former U.S. President Donald Trump praised his administration’s tariff policy on Truth Social, labeling it as beneficial for the U.S. and the world, as observed on April 11, 2025.
This statement by Trump potentially alters economic and financial landscapes, sparking diverse reactions.
Trump’s Tariff Policy Sparks Economic Discussions
The statement from Donald Trump emphasized the ongoing success of the U.S. tariff policy, describing it as beneficial on an international scale. No substantial changes in related financial allocations have been noted, but the announcement has triggered enthusiastic evaluations among economic commentators.
Potential market shifts could result from this announcement, particularly due to Trump’s influence. There may be indirect effects on domestic policies and fiscal strategies, with hedge fund manager Bill Ackman applauding the economic rationality of Trump’s strategy.
“Our tariff policy is doing very well. This is exciting for both the United States and the world.” — Donald Trump, Former U.S. President
In the cryptocurrency realm, Bitcoin’s value reflects a state of careful anticipation. Analysts indicate a stagnant phase, and reactions from the crypto market demonstrate a mix of interest and caution. Prominent reactions include sentiments from Matrixport, stressing the need for major economic signals.
Bitcoin and Crypto Markets React to Tariff News
Did you know? Historical shifts in tariffs during Trump’s previous term sparked similar market reactions, highlighting tariffs’ broad reach beyond traditional markets into cryptocurrency spaces.
Currently, Bitcoin stands at $83,644.14, with a market capitalization of $1.66 trillion, constituting 62.75% of the market. The 24-hour trading volume decreased by 14.39%, according to CoinMarketCap. Bitcoin’s recent price variations indicate a moderate rise of 3.13% over 24 hours, but a decline of 14.98% over 60 days, showcasing erratic trends.
Coincu research emphasizes the broader economic implications of Trump’s tariffs, pointing to potential impacts on both fiscal dynamics and regulatory trends in cryptocurrency markets. These patterns suggest cross-market reflections, featuring intricate influences across both traditional finance and digital asset realms.
Source: https://coincu.com/331711-trump-tariff-policy-crypto-market-reactions/