Trump tactics and their effects: does the Bitcoin course threaten to tip over again?

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Trump und seine Auswirkungen auf Bitcoin: Einblicke in die aktuelle Situation US-Präsident Donald Trump nutzt Strafzölle als strategisches Mittel, um seine politischen Ziele zu verfolgen. Diese Politik hat jüngst auch Auswirkungen auf die Kryptowährung Bitcoin gehabt, insbesondere am „Schwarzen Montag“ vor einer Woche. Hierbei reagierte Bitcoin negativ auf die Ankündigung von Strafzöllen, was zu einem signifikanten Rückgang des Kurses führte. Diese Bewegung blieb nicht ohne Folgen: Die Bitcoin-Kurse stabilisierten sich erst, nachdem Trump ankündigte, die Strafzölle für Mexiko und Kanada vorerst auszusetzen. Aktuell hat er jedoch neue Strafzölle auf Stahl und Aluminium für alle Importe verhängt, was die Diskussion über …
Trump and his effects on Bitcoin: Insight into the current situation US President Donald Trump uses punitive tariffs as a strategic means to pursue his political goals. This policy has recently had an impact on cryptocurrency Bitcoin, especially on the "Black Monday" a week ago. Bitcoin reacted negatively to the announcement of punitive tariffs, which led to a significant decline in the course. This movement was not without consequences: The Bitcoin courses only stabilized after Trump announced that it will initially suspend the punitive tariffs for Mexico and Canada. However, he has currently imposed new punitive tariffs on steel and aluminum for all imports, which is the discussion about ... (Symbolbild/KNAT)

Trump and its effects on Bitcoin: insights into the current situation

President Donald Trump uses punitive tariffs as a strategic means to pursue his political goals. This policy has recently had an impact on cryptocurrency Bitcoin, especially on the "Black Monday" a week ago. Bitcoin reacted negatively to the announcement of punitive tariffs, which led to a significant decline in the course. This movement was not without consequences: The Bitcoin courses only stabilized after Trump announced that it will initially suspend the punitive tariffs for Mexico and Canada. However, he has currently imposed new punitive tariffs on steel and aluminum for all imports, which re-sparked the discussion about possible further declines of Bitcoin prices.

Analysts and market observers differentiate the current developments. Tom Dunleavy, partner at MV Global, indicates that the market is increasingly recognizing Trump's strategies. In the past, punitive tariffs were often announced, but were not implemented to the scope announced. The reaction of Bitcoin to Trump's trade policy is primarily due to the potential stimulation of the US inflation, which in turn could influence the monetary policy of the Federal Reserve (FED). Lower key interest rates are usually positive for Bitcoin and other risky investments because they promote investments.

An interesting aspect of Trump’s rhetoric to the punitive tariffs is highlighted by Geoff Kendrick, analyst of the standard chartered bank. Trump uses different terms such as "universal" and "reciprocal" tariffs. While universal tariffs would affect all trading partners, reciprocal tariffs would only appeal to countries that also raise special levies on US imports. Kendrick argues that reciprocal tariffs put less potential pressure on US inflation because they do not necessarily radiate to the entire economy.

conclusion: political influences on the Bitcoin market

The price development of Bitcoin is currently stronger than ever influenced by political framework conditions. While Trump made Bitcoin and cryptocurrencies a campaign topic and propagated the idea of ​​a state Bitcoin reserve, the uncertainty caused by punitive tariffs led to turbulence in the markets. Investors must be prepared for the fact that statements from the Trump team are potentially relevant to course, even if they do not affect Bitcoin directly. In addition, the latest development shows that Trump often sees punitive tariffs as a negotiating mass - a tactic that could challenge investors in dealing with volatile cryptocurrency in the coming months.