In this article, we break down how Trump’s tariff plan influenced key cryptocurrencies, trading volumes, technical indicators, and overall market sentiment.

On April 14, 2025, former President Donald Trump’s announcement regarding tariffs on electronics sparked significant volatility in cryptocurrency markets. With no temporary stay in effect, traders began adjusting their strategies in expectation of market declines, particularly affecting tech-focused cryptocurrencies and blockchain initiatives.

Trump’s Tariff Market Response Overview

• Bitcoin: Dropped from $65,000 to $62,000 in just 30 minutes.
• Ethereum: Fell from $3,200 to $3,000 in the same time frame.
• Smaller Tokens: Chainlink (LINK) and Cardano (ADA) registered declines of 8% and 6%, respectively.

These movements illustrate a widespread negative reaction across the crypto space.

Surge in Trading Volumes

In the immediate aftermath of the Trump’s Tariff announcement, trading activity spiked across several exchanges:

• Binance: BTC/USDT trading volumes increased from 10,000 BTC to 20,000 BTC within an hour.
• Coinbase: Ethereum trading volumes soared from 50,000 ETH to 80,000 ETH.

Many investors quickly liquidated their positions to manage potential losses, further fueling market volatility.

Technical Analysis Insights

Bearish trends have emerged following the Trump’s Tariff announcement. Key indicators include:

• Relative Strength Index (RSI): Bitcoin’s RSI dropped from 60 to 40, signaling a shift from overbought to oversold conditions.
• Support Levels: Ethereum broke below the $3,100 support level.
• Moving Average Convergence Divergence (MACD): This tool signaled a bearish crossover, reinforcing a negative outlook for both Bitcoin and Ethereum.

Trump’s Tariff Impact on AI Tokens

Tokens related to artificial intelligence reacted more sharply to the news:

• SingularityNET (AGIX): Dropped from $0.50 to $0.45.
• Fetch.AI (FET): Declined from $1.20 to $1.10.

This response indicates heightened sensitivity to macroeconomic news within the AI sector.

Current Market Sentiment

As fear permeates the market, many traders are opting for short positions or reallocating funds to stablecoins like USDT and USDC. Given the volatile environment, I recommend closely monitoring market indicators and being prepared to adjust strategies accordingly as economic developments unfold.

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