Quote from: _act_ on February 25, 2025, 11:47:22 AM

You all thought Trump love bitcoin? But his policies is not making sense for bitcoin price to increase. His tariff plan on import of goods from Canada and Mexico caused the price of bitcoin to decrease. He paused it but later said yesterday that the tariff will become effect starting from next week. Bitcoin fell again and now below $90000.

Trump, Tariffs, and Bitcoin: A Misalignment of Interests?

Many believed that Trump was pro-Bitcoin, but recent events suggest otherwise. His tariff plans on imports from Canada and Mexico have had direct negative effects on the market, including Bitcoin. The initial announcement led to a drop, and although he paused the plan temporarily, his latest statement confirming its implementation next week has once again triggered a decline—pushing Bitcoin below $90,000.

The correlation between macroeconomic policies and Bitcoin’s price action is becoming increasingly clear. Protectionist trade measures create uncertainty in traditional markets, affecting liquidity and risk appetite, which in turn impacts Bitcoin. Investors tend to seek stability in such conditions, leading to a short-term selloff in speculative assets like BTC.

While Trump may have expressed support for Bitcoin in the past, his economic policies seem to contradict that stance. If tariffs continue to disrupt global trade and investor confidence, we could see further volatility in the crypto market.

What’s your take? Are these tariffs a real threat to Bitcoin’s growth, or just short-term noise in a long-term bullish trend?