#TariffHODL The recent tariff policies implemented by President Donald Trump have generated notable volatility in the cryptocurrency market. The imposition of tariffs of 25% on imports from Canada and Mexico, and 10% on those from China, has triggered similar responses from these countries, intensifying trade tensions.

This situation has significantly affected cryptocurrencies. Bitcoin, for example, experienced a 7% drop to $92,500, its lowest level in three weeks, while Ethereum fell more than 20% to $2,565 before a slight recovery.

The economic uncertainty generated by these measures has led investors to shy away from riskier assets, including cryptocurrencies, and to seek refuge in safer investments. Additionally, the possibility that tariffs could increase inflation and hinder future interest rate cuts by the Federal Reserve adds pressure to the crypto market.

Although the Trump administration has shown support for cryptocurrencies, the recent trade tensions have caused a massive sell-off in the market, with estimated losses of $2 billion. However, some analysts suggest that these conditions could represent buying opportunities for long-term investors, given that the crypto market has shown resilience in the past.

In summary, the current tariff policies are exerting significant pressure on the cryptocurrency market, increasing volatility and affecting investor confidence.