#TrumpTariffs
Trump's tariffs have had a significant impact on the crypto market. Recently, the announcement of a pause on "global reciprocal" tariffs and a 10% reduction in fees for 90 days spurred an increase in the value of cryptocurrencies, with Bitcoin rising by 7.4% and other altcoins like XRP and Solana increasing by more than 11% ¹.
However, the uncertainty surrounding Trump's trade policy has generated volatility in the crypto market. Some experts believe that Trump's "resurgence of trade protectionism" could negatively affect cryptocurrencies, while others see opportunities in the adoption of cryptocurrencies as a non-sovereign store of value ¹ ².
*Impact on cryptocurrencies:*
- Bitcoin: increased by 7.4% following the announcement of the pause on tariffs
- XRP and Solana: increased by more than 11%
- Ethereum: entered into the green after the announcement
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*Experts' perspectives:*
- Zaheer Ebtikar, founder of Split Capital, believes that the market will adapt to the new environment
- Richard Teng, CEO of Binance, warns about significant volatility in global and crypto markets
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$SOL comes with good news to start the year
$XRP an 11% is a very good sign that this news brings something good for the next 90 days
