According to Evan (@StockMKTNewz), President Trump stated that an 80% tariff on Chinese goods, reduced from the current 145%, 'seems right' (source: Twitter, May 9, 2025). This significant adjustment in US-China trade policy could create volatility in global markets, particularly impacting risk assets such as Bitcoin and Ethereum, as traders often seek safe-haven alternatives during heightened trade tensions. Crypto investors should closely monitor further developments, as changes in tariffs frequently correlate with increased trading volume and price swings in digital assets (source: Twitter, @StockMKTNewz).

According to Crypto Rover, former President Donald Trump stated that an 80% tariff on China is 'about right.' This announcement signals potential escalation in US-China trade tensions, which could drive volatility in global markets, including cryptocurrencies. Historically, increased tariffs have caused uncertainty in stock markets and driven risk-off sentiment, often leading investors to seek alternative assets like Bitcoin and stablecoins (source: Crypto Rover on Twitter, May 9, 2025). Traders should monitor Bitcoin price action and altcoin volatility, as heightened trade conflicts may influence capital flows into digital assets.