1/ Trump brought back tariffs.Not as a policy tool. As a weapon.

Here's how it hit the market - and why this might be the first real macro test of 2025

2/ Starting April 5: flat 10% tariff on all imports.
April 9: "mirror" tariffs (up to 90%) on 60+ countries.
Cars and parts already hit with 25% earlier this week.

No nuance. Just straight escalation.

3/ Markets didn’t hesitate.
BTC dropped from $88k to $82k. ETH followed.

Tariffs with no diplomatic cover can indeed rattle markets. The abrupt drop in BTC and ETH reflects investor concerns over global economic stability and trade flows. Eyes on how this unfolds in Q2.