Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13284
Markets: 104000
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Market Cap
24h Vol
13284
Cryptocurrencies
61.96%
Bitcoin Share
Crypto Potato 2025-04-03 12:19:37

Are Trump’s Tariffs Impacting Cryptocurrencies as Expected? Santiment Weighs In

Are Trump’s Tariffs Impacting Cryptocurrencies as Expected? Santiment Weighs In

Since United States President Donald Trump took over the White House, the crypto market has mostly underperformed, with bitcoin (BTC) reacting negatively to most policy changes. The latest policy change—the confirmation of reciprocal tariffs on global trades—has triggered a market-wide reaction, with participants wondering if this is a desired effect. The on-chain analytics platform Santiment revealed that the market is not reacting as crypto bulls expected. Since Trump confirmed the tariffs, BTC has lost at least $5,000, and most altcoins are in the red. Potential Effects of the Tariffs Trump’s tariffs are meant to encourage American citizens to buy domestic goods instead of international products. Some advantages include bolstering production and purchasing within the U.S. and raising additional income that could fund domestic projects and reduce budget deficits. However, like any other government policy change, tariffs have some cons. Consumers will witness an increase in prices since imported goods will become more expensive, an economic slowdown due to decreased global trade, and a potential trade war as foreign countries retaliate with their own tariffs. As tariffs trigger uncertainty at the global economic level, traditional financial markets are affected, too. Global stocks are plunging, and U.S. futures indexes are declining. Although the tariff announcement was timed shortly after stock markets closed on April 2 to avoid a massive negative reaction, Santiment believes that Wall Street will still experience a huge sell-off when the regular trading session starts. Are Traditional Investors Turning to Crypto? Many crypto analysts argued that the uncertainty in traditional financial markets could lead investors to move their money from stocks and bonds to cryptocurrencies as an alternative asset. However, investors’ main reaction so far has been capital inflows into more traditional safe havens like gold and silver, which are not affected by economic conditions. While BTC struggled in the first quarter due to macroeconomic conditions, gold kept hitting new all-time highs (ATHs). After a three-month 20% surge , the precious metal is currently trading at approximately $3,190. Within the same timeframe, BTC has mostly correlated with the S&P 500, recording a few temporary cases of decorrelation. Altcoins, on the other hand, have performed even worse. While the crypto market continues to react negatively, some analysts believe the tariffs will eventually trigger bullish momentum in the coming months as countries cave in and lower their tariffs against the U.S. As they insist that this is a “short-term pain, long-term gain” scenario, others believe the crypto and stock markets are in for a lengthy, rough ride. The post Are Trump’s Tariffs Impacting Cryptocurrencies as Expected? Santiment Weighs In appeared first on CryptoPotato .

Most Read News

Market Cap
24h Vol
61.96%
Bitcoin Share
424
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.