Here's How Tariff Uncertainty Could Affect These 3 Major Cryptocurrencies
In 2025, tariff uncertainty has weighed heavily on the crypto market. Since February, when U.S. tariffs on Canada, Mexico, and China were announced, cryptos across the board have taken a beating, with some major cryptocurrencies down 20% or more.And now comes "Liberation Day" on April 2, which is when reciprocal tariffs on nations around the world are expected to go into effect. As might be expected, the crypto market is bracing for impact. So how will the world's three largest cryptocurrencies -- Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) -- be affected?In theory, tariffs on, say, wine or automobiles should have little to no impact on Bitcoin. After all, it's not like nations are using Bitcoin to pay for these purchases. Moreover, Bitcoin is a global digital currency and does not belong to any sovereign nation.Continue reading
In 2025, tariff uncertainty has weighed heavily on the crypto market. Since February, when U.S. tariffs on Canada, Mexico, and China were announced, cryptos across the board have taken a beating, with some major cryptocurrencies down 20% or more.
And now comes "Liberation Day" on April 2, which is when reciprocal tariffs on nations around the world are expected to go into effect. As might be expected, the crypto market is bracing for impact. So how will the world's three largest cryptocurrencies -- Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) -- be affected?
In theory, tariffs on, say, wine or automobiles should have little to no impact on Bitcoin. After all, it's not like nations are using Bitcoin to pay for these purchases. Moreover, Bitcoin is a global digital currency and does not belong to any sovereign nation.
