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Cryptocurrency News Articles
Trump's 50% Tariff on EU Goods Jolts Wall Street, Sending Bitcoin and Altcoins Higher
May 23, 2025 at 11:22 pm
Wall Street was jolted this morning as President Donald Trump announced a 50% tariff on all goods imported from the European Union
President Donald Trump announced a 50% tariff on all goods imported from the European Union, effective June 1, jolting Wall Street and sending stocks tumbling.
As the fear index soars and traders seek refuge, crypto is unexpectedly catching a bid. Bitcoin, Ethereum, XRP, and a wave of altcoins are surging in what many see as a "risk-off rotation" from traditional markets to decentralized assets.
Trump's post on Truth Social read: "I will be imposing a 50% tariff on all goods coming into our country from the European Union, effective June 1. They have been cheating our farmers and workers for far too long, and it's time to hit back hard. We have a trade deficit of $250 billion with the E.U., and it's not funny. They laugh at our stupidity.
This comes just minutes after the president threatened a 25% tariff on Apple products, further highlighting the rapid shifts in economic policy.
With this sudden spike in geopolitical and trade risk, many investors are asking: where is capital going to hide next?
Enter crypto markets, which appear to be offering the answer.
This rotation comes as stablecoin volumes are spiking and on-chain accumulation patterns are re-emerging, suggesting that institutional and high-net-worth investors may be quietly repositioning for volatility.
"When you see defensive altcoins and meme tokens moving on macro news, it's not just retail - it's rotation," a crypto fund manager said.
Others point out that MAGACOIN FINANCE may be uniquely positioned to benefit from the Trump narrative, election season buzz, and the precise kind of anti-establishment energy that fuels risk asset surges in turbulent environments.
"MAGA is a perfect fit for the current market mood. People are looking for an outsized return and aren't afraid to take on risk," a crypto trader remarked.
The president's tariff threats are battering Wall Street, but they may be igniting Block Street. In this environment, crypto is not just surviving - it's thriving.
As traditional markets falter, the smart money may already be rotating. The only question is: are you on the right side of the shift?
To learn more about MAGACOIN FINANCE, please visit:
Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Are Retail Investors Returning to the Crypto Market? Bitcoin (BTC) Surpasses $100,000 as Altcoins Draw Increased Attention
- Jun 05, 2025 at 12:35 pm
- The crypto market is showing mixed signals regarding retail investor participation, especially as Bitcoin surpasses $100,000 and altcoins like Ethereum draw increased attention.
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