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Tariff Turbulence Hits Crypto: Short-Term Volatility Masks Potential Long-Term Gains

  • President Trump's latest tariff announcements have caused volatility in the cryptocurrency market, with Bitcoin and other major cryptocurrencies experiencing losses.
  • Despite the short-term turmoil, some analysts believe that the tariffs could benefit cryptocurrencies in the long run by eroding the dominance of the US dollar and increasing the demand for alternative cross-border transaction assets.
  • The tariffs could also impact the broader blockchain ecosystem, potentially disrupting global supply chains and increasing costs for miners and developers.
  • While uncertainty remains and short-term volatility is expected, the resilience and adaptability of crypto and blockchain technologies may contribute to their future role in the global financial system.

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