#TrumpTariffs
🟠 Trump Tariffs are back in play — what does it mean for crypto?
📌 Trump is reinstating tariffs:
– Court confirmed tariffs up to 55% on Chinese imports
– China's response: +10% tariffs on exports from the US
– From June 4: 50% tariff on steel and aluminum
📉 Market reaction:
– S&P 500 and Nasdaq are falling
– BTC: −1.6%, ~$108,200
– Trading volumes on Coinbase/Kraken have increased
– Inflow into BTC ETF: +$50M
🧠 What does this mean for us?
– Crypto is again seen as a 'safe haven' from fiat instability
– Altcoins and DeFi — short-term speculative points
– Institutions are getting active on the decline
📊 Looking at levels:
– BTC support: $106K
– BTC resistance: $112K
– Monitoring Trump's decision and China's position
🤔 Are you buying the dip or waiting for the next strike?
