From Nasdaq Corporation
March 26, 2025 7:01 am:

President Donald Trump has implemented long-awaited tariffs, including 25% on trade partners Canada and Mexico, a 20% blanket tariff on China, and 25% on steel and aluminum imports from all countries. Economists fear alienation of trade partners and increased prices, while Trump believes tariffs will boost the U.S. economy, as reported by Yahoo Finance.

Tariffs have impacted the economy significantly, even affecting cryptocurrency values. The threat of tariffs in February led to a crash in crypto prices, with Bitcoin eventually dropping below $80,000 in March. The unpredictability of tariffs has made Bitcoin values volatile, with rebounds followed by significant crashes, per AP News and BNO reports.

Bitcoin’s future remains uncertain, with investor Peter Schiff warning of a potential significant decline if Nasdaq experiences a bear market. Schiff notes Bitcoin’s price correlation with Nasdaq and U.S. technology stocks, predicting a crash below $20,000 if market instability continues. The current unpredictable nature of tariffs adds to Bitcoin’s uncertainty, as reported by the Times of India.

Read more at Nasdaq: 2 Ways Trump Tariffs Have Impacted Bitcoin Price, and What Experts Predict Next for the Crypto