Assets at risk such as Bitcoin (BTC), XRP (XRP), Solana (soil) are back to the point while President Donald Trump warned against even more reciprocal rates if other countries end to make “economic damages” in the United States
“If the European Union works with Canada to make economic damage to the United States,” he wrote in a social article of truth in the early Asian hours on Thursday “, much larger than expected prices, will be placed on them both to protect the best friend that each of these two countries have ever had!”
“The liberation day in America is coming soon,” Trump wrote in a separate article. “For years, we have been scammed by practically all the countries of the world, friends and enemy. But these days are over – America first !!!”
The position comes a few days after the information according to which the concerns of the prices were exaggerated and that the overall impact would be more measured than expected.
Earlier this month, Trump had made prices of 25% on imports from Canada and Mexico, in parallel with a 20% levy on Chinese products, citing national security problems concerning immigration and fentanyl traffic. Now, with the EU and Canada in its reticle, the markets could compete for another shock.
The prices, by their nature, disrupt economic stability – increase costs for imported goods, stir up inflation and put pressure on central banks such as the federal reserve to tighten monetary policy.
Such movements could express problems for BTC and other short -term tokens, because the cryptography market often moves in tandem with actions, which tend to weaken under commercial uncertainty. A stronger US dollar, reinforced by rate flows focused on prices, could further reduce BTC prices, while investors flee to shelters such as gold or species.
Trump’s position has mitigated a bullish mood during Asian times, with majors showing a brief sale. XRP and Sol fell by 2%, Ether (ETH) and BNB of the BNB chain have been little changed, while Dogine (DOGE) retracted that the 3.5% gains move higher in the last 24 hours.
Suit, analysts remain optimistic
Apart from the ten best tokens by market capitalization, Suis of the Network Suis posted a overvoltage of 7% in front of the Walrus network, a data availability protocol built on Su Suis, broadcasting on Mainnet later Thursday.
Meanwhile, some say that Asian developments could provide a catalyst for Bitcoin prices in the middle of the United States-oriented opposite winds.
“While American regulators are starting to reduce restrictive policies, institutions in Asia have made waves by publishing new funds, products and innovations that have been supported by pro-Crypto regulations in key jurisdictions,” said Jupiter Zheng, partner at Hashkey Capital, in Coindesk in a telegram message.
“The next stage of the Haussier market could find its base in Asia as an industry growth center,” added Zheng.
Jeff Mei de Btse had a more optimistic opinion on Thursday morning.
“Bitcoin and other cryptocurrencies have recovered in recent days, even if the stock markets have dropped in response to the announcement by US President Trump.
Merchants are considering the publication of future data on personal consumption expenses (PCE) on March 28, which influences Fed interest rate decisions.
