#Market Analysis After Tariff Policy Bitcoin fell to $83,000 after Trump's tariffs.

After the announcement of new tariffs by US President Donald Trump, there was a sharp sell-off in the cryptocurrency market. While Bitcoin lost 1.2% of its value in 24 hours, falling to $83,000, Ether dropped by 2.3% to $1,813, and XRP fell by 1.6% to $2.05. Solana fell by 4.5% in intraday trading to $118.
The shock from trade tariffs negatively affects cryptocurrencies.
The decrease occurred immediately after Trump announced his plan, which includes a 10% base tariff on all imports and higher tax rates for more than 60 countries.
Under the new tariff regime, China will be subject to customs rates of 34%, India 26%, Japan 24%, and the European Union 20%. These high import taxes in the US have reduced investors' appetite for risk, causing selling pressure on both traditional markets and crypto assets. Analysts argue that cryptocurrencies are considered "risk assets" and therefore experience negative price fluctuations during periods of uncertainty.
Spot Bitcoin ETFs resumed inflows ahead of Trump’s announcements. According to SoSoValue data, the net inflow amounted to $220.76 million in 12 ETF funds.
Despite price fluctuations, this indicates that long-term investors in Bitcoin are maintaining their positions. Although most investors who bought between 2020 and 2022 have not exited their positions, it is observed that the dominance of short-term investors in the network remains at low levels. Additionally, Bitcoin transfers to exchanges have decreased to a two-year low, supporting the continuation of long-term holding strategies.
The psychology of the market is stabilizing, support levels are being controlled.
The Bitcoin Fear and Greed Index has risen to 44, recovering from the previous day's level of 34. The increase in the index indicates that market sentiments are moving away from extreme levels of fear and that emotional balance is starting to be achieved. The fluctuations of Bitcoin below the $85,000 level and its recovery again suggest that there is currently no strong atmosphere of panic.
If this level is maintained, the risk of a repeat sharp sell-off may decrease. However, analysts still argue that Trump's tariffs could create a new wave of volatility driven by policy in the markets.#Join Honor Credits Draw & Win MacBook Air and Merch #SUT HODLer Airdrop