A fresh round of tariffs by U.S. president Donald Trump and lack of short term catalysts is inciting caution from market watchers, who believe Ethereum’s ether (ETH) may be particularly affected.
Trump on Sunday said he will introduce 25% tariffs on all steel and aluminium imports into the US, on top of existing duties, with reciprocal tariffs later in the week applicable to all countries.
The rhetoric and spike in inflation expectations could breed downside volatility with a key indicator that foresaged a move above $100,000 for bitcoin, when it traded under $70,000, turning bearish on Sunday.
Crypto majors remained little-changed in European afternoon hours Monday, with U.S. futures Dow and S&P 500 up 0.46% ahead of the New York open. Bitcoin, ether, XRP, Solana’s SOL and dogecoin (DOGE) were up under 1% in the past 24 hours, while BNB Chain’s BNB lost 4.5% after a Sunday rally.
Tariffs introduce economic uncertainty by potentially escalating trade wars, which can lead to m
We współpracy z: https://www.coindesk.com/markets/2025/02/10/new-trump-tariffs-spell-caution-for-bitcoin-ether-dogecoin-bets
