The real reason for the reason for the decrease in the encryption market today: Bitcoin analysis and more
US President Donald Trump announced definitions of 185 countries yesterday, and as expected, the entire encryption market happened.
After the news, the Bitcoin price was quickly thrown from 87 thousand dollars to less than 83 thousand dollars. Altcoins is also bleeding. Ethereum fell from $ 1910 to $ 1,800, while XRP fell from $ 2.17 to $ 2.01 now.
So what exactly happened? Let’s try to understand based on the Cubesi report on X.
Trump’s huge tariff announcement shakes markets
President Trump has just announced The largest tariff applications in the history of the United StatesTargeting 185 countries at one time. This advertisement caused immediate market disturbances, as the S&P futures erase about $ 2 trillion from the maximum market in just 15 minutes.
The advertisement of the Wall Street Journal began to indicate that the United States will be imposed by the United States. However, this was quickly clarified as Trump began to determine many other definitions much higher than 10 %.
The announcement of the WSJ report began that the 10 % foundation tariff will be imposed by the United States.
While this was true, the markets took them because all mutual definitions were 10 %.
However, this quickly changed when President Trump began to determine many other definitions, much higher than 10 %. pic.twitter.com/pzbtty5z6
Kobeissileter’s message April 2, 2025
The market reaction was dramatic. Around 4:26 pm Easter, when Trump showed a sticker showing the definitions during his announcement, futures increased by 2 %. By 4:42 pm East time, just 16 minutes later, future futures decreased by 4 % of their height as Trump included a new tariff worldwide.
Trump explained that these “mutual definitions” will be calculated at half a rate of imposing fees on the United States now. This is very different from a 10 % flat tariff in all areas. For example, China, which is alleged to receive 67 % of the tariffs on American goods, will face a 34 % tariff, while the European Union will witness a 20 % tariff.
The market response was severe. Nasdak 100 future He pointed out that the index will open 500 points, which is the opposite of 900 points from the start of the advertisement. After “Make America Wealthy Again Event”, the White House has published a full list of definitions on X, sending a future to its lowest new levels with the S&P 500 referred to now to open in the correction area.
With this new customs tariff, the tariff rate in the United States is expected to rise above 10 %, and exceed the levels seen during World War II. The economic impact can be significant, as analysts expect about 150 basis points in GDP growth in the United States. While the Trump administration aims to generate $ 600 billion annually of definitions, experts believe that these measures will only raise half this amount.
Before announcing this customs tariff, here is what the tariff rate in the United States looks like.
With the announcement of these definitions, we will see an average tariff rate exceeding 10 %.
We are ready to see tariff rates are higher than the levels seen during World War II. pic.twitter.com/7m9u7sgagk
Kobeissileter’s message April 2, 2025
There were some noticeable exceptions: No new mutual tariff was announced in Canada or Mexico, and goods will not witness the USMCA (USA and Mexico-elan-Kanada) new tariff. In addition, the tariffs that have been threatened were not imposed by 25 % -50 % on Russia. Also, some goods and products such as copper, medicines, semi -conductors, and wood articles are exempt from definitions.
Timing imminent: The basic tariff enters 10 % in all countries on the fifth of April, with a higher mutual tariff starting on April 9. These definitions will remain until Trump determines that the “threat posed by the trade deficit” has been addressed.
Although Trump also mentions “the largest tax discounts in American history” that will not affect social security, medical care, or Medicaid benefits, the markets have not recovered their losses. This announcement comes at a time when the United States recently published a historical historical deficit+ two months, with expectations for the largest commercial deficit for one week in the history of the United States in the days leading up to April 5 and 9.
Also read: The billions were moved in XRP and closed on Ripple – beyond this?
Bitcoin prices and future expectations
The encryption market is especially sensitive to the developments of macroeconomic economics and global trade tensions, as these factors usually push investors away from high -risk assets towards safe havens during periods of uncertainty.
According to analyst Ali Martinez, Bitcoin kept a critical group ranging from $ 86,900 and 84,800 dollars with a customs tariff announcement. Unfortunately, the BTC price is now the level of decisive support of $ 84,800, which means that we may face deeper prices corrections in the short term.
With the customs tariff now in playing, #Bitcoin $ BTC It maintains a critical group ranging from $ 86,900 and 84,800 dollars. Whatever the side separation first on the chart of an hour, it is possible that it will determine the next big step. pic.twitter.com/tiramcvt9d
Ali (ali_charts) April 2, 2025
The break without this main technical level indicates the watch plans, as traders and investors amend their positions in response to the broader economic uncertainty resulting from these wide tariff measures.
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