Risk assets such as Bitcoin (BTC), XRP (XRP), Solana (Sol) focus on when President Donald Trump warned about even more reciprocal tariffs if other countries collude to do “economic damage” to the United States
“If the European Union works with Canada to do economic damage to the United States,” he wrote in a social publication of the Truth on Thursday of the first Asian hours, “Large -scale tariffs, much larger than currently planned, will be placed in both to protect the best friend that each of those two countries has ever had!”
“The day of liberation in the United States will come soon,” Trump wrote in a separate publication. “For years, we have been scammed by practically all the countries of the world, both friend and enemy. But those days have ended: America first!”
The publication occurs days after reports that tariff concerns were exaggerated, and that the general impact would be measured more than expected.
Earlier this month, Trump had imposed 25% tariffs on imports from Canada and Mexico, along with a 20% tax in Chinese products, citing national security concerns about immigration and fentanyl traffic. Now, with the EU and Canada in their sight, the markets could be preparing for another shake.
Tariffs, by their nature, interrupt economic stability: increase the costs of imported goods, envive inflation and press central banks such as the Federal Reserve to harden monetary policy.
Such movements could mean problems for BTC and other short -term tokens, since the cryptography market often moves in conjunction with actions, which tend to hesitate under commercial uncertainty. A stronger American dollar, reinforced by capital flows driven by the rate, could further depress BTC prices, since investors flee safe shelters such as gold or cash.
Trump’s post cushioned a bullish mood in Asian hours, with specialties that show a brief short sale. XRP and Sol fell 2%, ether (ETH) and the BNB of the BNB chain remained little changed, while Dogecoin (Dux) was retracted gains of a 3.5% higher movement in the last 24 hours.
Sui shines, analysts are still optimistic
Outside the main tokens for market capitalization, SUI of Sui Network registered a 7% increase ahead of the Walrus network, a data availability protocol based on SUI, live in Mainnet later on Thursday.
Meanwhile, some say that Asian developments could provide a catalyst for Bitcoin prices in the middle of winds against the United States.
“While US regulators begin to reduce restrictive policies, institutions in Asia have been making waves by releasing new funds, products and innovations that have been backed by pro-Crypto regulations in key jurisdictions,” Jupiter Zheng, a hashkey partner, told Coindesk in a telegram message.
“The next stage of the upward market can find its balance in Asia as the growth center in the industry,” Zheng added.
Jeff Mei de Btse had a more optimistic vision from Thursday morning.
“Bitcoin and other cryptocurrencies have recovered in recent days, even when the stock markets fell in response to the announcement of the president of the United States of automotive rates. This shows that the worst could end for cryptographic markets this year, and that we could see an ascending trajectory in prices as the inflation of the United States fears that we decrease already. Rate, “Mei said in a telecamas message.
Merchants are considering the release of the next data from personal consumption expenses (PCE) on March 28, which influences the decisions of Fed’s interest rates.
