Trump's new tariffs threaten the rebound of Bitcoin

Source: Criptonoticias Original Title: New Trump Tariffs Threaten Bitcoin’s Uptrend Original Link: https://www.criptonoticias.com/mercados/trump-aranceles-precio-bitcoin/

Tariff Context and Macroeconomic Pressure

The announcement of new trade tariffs by Donald Trump reintroduces a macroeconomic pressure factor that could impact the recent surge in bitcoin’s price, which in recent days had exceeded $97,000.

On January 17, Trump announced the imposition of tariffs on European countries. According to details, starting February 1, 2026, a 10% tariff will be applied to all goods sent to the United States from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, including three of the world’s major economies.

Subsequently, from June 1, 2026, that percentage will rise to 25%.

Although the message addresses multiple geopolitical issues, the commercial component is the most relevant for markets. Tariffs are taxes on imports that increase the cost of international trade, often provoke retaliations, and tend to raise macroeconomic uncertainty.

As a result, investors adjust their exposure to assets considered risky, including bitcoin (BTC). This would not be an unprecedented scenario. Last year, the application of tariffs on China by Trump, combined with other factors, affected traditional markets and BTC as well.

Therefore, the current announcement reactivates fears of a similar scenario, where trade tensions impact risk appetite.

At the time of writing, bitcoin is trading slightly above $95,000, and the market has not yet fully reacted to these announcements. If confirmed, the effects could be seen on the indicated dates.

Recent Bitcoin Surge Under Scrutiny

Along with the potential danger posed by a new tariff policy, a recent analysis by CryptoQuant characterizes the current movement of BTC as a “bearish market rally.”

This concept describes price increases that occur within a generally negative trend and tend to exhaust themselves before a sustained recovery is established.

According to the report, bitcoin rose about 21% since November 21, after a prior decline of nearly 19% that confirmed a bearish market by breaking below the 365-day moving average.

This average is a measure of bitcoin’s price over the past year and typically acts as a boundary between bullish and bearish phases. Currently, this level is near $101,000, a zone that the price has yet to recover.

In parallel, according to CryptoQuant, demand conditions show only marginal improvements. Indicators related to local markets showed briefly positive signs.

However, exchange-traded funds (ETF) slowed net sales after selling about 54,000 bitcoins in November, without showing sustained accumulation, according to the report.

Likewise, on-chain data reinforce this caution. The apparent demand for bitcoin contracted by approximately 67,000 units over the last 30 days, while inflows to exchanges increased to an average of 39,000 bitcoins per week.

Historically, larger flows into exchanges tend to anticipate selling pressure.

In this context, the tariff announcement adds an external factor that could amplify volatility. If trade tensions translate into a deterioration of the global financial climate, the recent bitcoin rally could face additional obstacles.