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On April 2, 2025, designated by Donald Trump as the “Day of Liberation,” will mark the entry into force of new tariffs targeting several strategic trading partners of the United States. This protectionist offensive, driven by a rhetoric of economic reconquest, does not come without consequences on global financial markets. And in this interconnected environment, Bitcoin is not exempt from pressure.
The previous tariff announcements in February have already left their mark: in less than a month, the BTC price contracted by 17%, dropping from $102,314 to $84,400, in a climate of widespread stress. Investors fear a repetition of the scenario, especially as uncertainties persist regarding the exact nature of the tariff increases and their scope. If the measures appear too aggressive, a correction could extend to the crypto market, via a contagion effect from the stock markets.