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@dgentle01
The crypto market has been shaky lately, and a big trigger seems to be the rollout of new U.S. tariffs under the Trump administration, announced on April 2, 2025. These tariffs—25% on auto imports and various goods from countries like Canada, Mexico, and China—sparked a risk-off mood across markets. Bitcoin, for instance, dropped to around $83,000, and the global crypto market cap shed about 3% in a day, sliding to $2.78 trillion. Why? Tariffs jack up costs, stoke inflation fears, and make investors nervous about economic growth. When that happens, speculative assets like crypto tend to take a hit as people flock to safer bets like gold or bonds.
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gentlegeeboss.base.eth
@dgentle01
On top of that, macroeconomic signals are muddying the waters. Strong U.S. GDP numbers and steady jobless claims suggest the Federal Reserve might hold off on cutting interest rates—something crypto thrives on when liquidity is loose. Instead, the Fed’s eyeing inflation, which could stay above their 2% target, keeping pressure on risk assets. Add in some hefty liquidations—nearly $487 million in 24 hours—and you’ve got a recipe for a dip. But it’s not all doom. Some see this as a buying opportunity. Whales have been scooping up Ethereum (over 130,000 ETH snapped up recently), and Bitcoin’s got folks betting on a rebound if the dollar weakens under tariff strain. The question is whether this is a short-term correction or the start of a bigger slide—hard to say without a crystal ball. What’s your angle on this? Are you tracking a specific coin or just curious about the market vibe?
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