List of Flash News about Trump tariffs impact
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2025-05-10 08:52 |
April Crypto Market Analysis: Impact of Trump’s 'Liberation Day' Tariffs and Volatility Trends
According to Bobby Ong, April’s crypto market was heavily influenced by President Trump’s 'Liberation Day' tariffs, which initially triggered a significant downturn due to heightened trade policy uncertainty. However, a subsequent pause in tariff implementation allowed markets to recover, restoring investor confidence and increasing trading activity. This period of heightened volatility also saw a noticeable shift as traders moved capital into safe-haven assets like gold, highlighting an evolving risk management strategy within crypto portfolios. These developments underscore the importance of monitoring macroeconomic events for short-term trading opportunities in the crypto sector (Source: Bobby Ong, Twitter, May 10, 2025). |