Crypto Market Overview After Donald Trump’s New Tariffs (03/04/2025)

With a base tariff of 10% on all imports into the US and higher tariffs (25% on foreign cars, 20% on the EU, 34% on China, etc.), the crypto market has experienced significant volatility, reflecting both short-term panic and long-term potential.

1. Short-term Impact: High Volatility and Risk-Averse Sentiment

Immediately after the tariff announcement, Bitcoin (BTC) fell by about 2-3%, hovering around $83,000, while Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) suffered deeper declines, falling by 4-10%, respectively.

The Fear & Greed Index dropped to "extreme fear" (around 25), indicating that investors are shifting to safe-haven assets such as gold (up to $2,910/oz) and US bonds.
The main reason for this decline is concerns about the macroeconomic impact of tariffs.