Bitcoin 
Ethereum 
Tether 
BNB 
Solana 
XRP 
USDC 
Lido Staked Ether 
Cardano 
Avalanche 
Trump’s reciprocal tariffs impact was immediate and sharp, wiping out Bitcoin’s gains and sending crypto markets into retreat.
During a live interview, former U.S. President Donald Trump declared he would impose “reciprocal tariffs” on any country that levies tariffs on U.S. goods. These tariffs, he said, would vary depending on what foreign nations charge.
As Trump spoke, Bitcoin (BTC) surged to $88,500, its daily high. But as the implications of his comments settled in, the rally unraveled. BTC quickly dropped back to the daily open near $85,100, before sliding further.
At the time of writing, Bitcoin was trading at $84,382 — down 0.99% over the past 24 hours, according to ICN.live data.
President Trump’s reciprocal tariffs per country:
* Chile 10% * India 26% * Israel 17% * Brazil 10% * China 34% * Japan 24% * Turkey 10% * Taiwan 32% * Vietnam 46% * Pakistan 29% * Thailand 36% * Australia 10% * Malaysia 24% * Colombia 10% * Sri Lanka 44% * Singapore 10% * Indonesia 32% * Cambodia 49%
* Philippines 17% * Switzerland 31% * Bangladesh 37% * South Korea 25% * South Africa 30% * United Kingdom 10% * European Union 20%
Bitcoin reverses gains as Trump fuels economic tensions
The crypto market, which had been showing bullish momentum earlier in the day, turned risk-off immediately following the announcement. Trump’s proposed trade policy revived fears of economic uncertainty, inflationary pressure, and retaliation from global trading partners.
GoldClick here for more Details — often a hedge against geopolitical and economic risk — jumped to near its all-time high of $3,100. U.S. equities, too, saw heightened volatility in response.
Ethereum (ETH), which had touched $1,957, pulled back to $1,880, down 1.66% on the day. Solana (SOL) dropped 1.59% to $128.3, while Binance Coin (BNB) slipped 2.16% to $597.
XRP fell 2.55% to $0.609, and Dogecoin (DOGE) dipped 2.45% to $0.1688, following the broader sell-off trend.
Crypto faces uncertainty amid trade policy shifts
Market participants have been cautious for weeks due to the unknowns surrounding Trump’s potential trade policies. His latest remarks provided clarity — but also stoked concerns.
Though the reaction was clearly negative, some analysts say that greater policy transparency could help reduce uncertainty in the longer term. In the short run, however, TrumpClick here for more Details’s reciprocal tariffs impact is likely to weigh on speculative assets.
As macro headlines dominate trader sentiment, crypto remains especially sensitive to geopolitical events. With Trump leading the GOP race and shaping market narratives, Bitcoin’s price may continue to respond directly to campaign policy signals in the months ahead.
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