How Trump’s trade shock rippled through digital assets.
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GUEST - Tarris Arnold, Business Development Manager at Luno
A single Trump post threatening 100% tariffs on Chinese imports sent shockwaves through equities and digital assets alike, triggering one of the sharpest selloffs of the quarter. Bitcoin tumbled nearly 8%, gold soared past $4,000, and fear ruled the screens.
Then, just as fast, the mood flipped. Over the weekend, Trump softened his tone and markets roared back. Bitcoin reclaimed $67,000, Ethereum surged almost 9%, and traders rushed back into risk assets
A single Trump post threatening 100% tariffs on Chinese imports sent shockwaves through equities and digital assets alike, triggering one of the sharpest selloffs of the quarter. Bitcoin tumbled nearly 8%, gold soared past $4,000, and fear ruled the screens.
Then, just as fast, the mood flipped. Over the weekend, Trump softened his tone and markets roared back. Bitcoin reclaimed $67,000, Ethereum surged almost 9%, and traders rushed back into risk assets
