The crypto market has seen a decline in prices under the Trump Administration, with Bitcoin falling from over $100,000 to the mid-$80,000s in March.
President Trump is set to announce reciprocal tariffs targeting 15 countries on April 2, which could impact the stock market and potentially affect Bitcoin's price.
The ongoing trade war and economic uncertainty have caused crypto prices to be more closely tied to traditional assets like stocks and bonds.
Experts have conflicting views on how tariffs will affect Bitcoin, with some believing it will act as a safe-haven asset, while others view it as a risky tech asset.