
U.S Liberation Day 2nd April : Trump Tarrifs , Crypto Market, Bitcoin News, Stock Market Today
April 2, 2025 marks a significant day for the United States as it celebrates its liberation from unfair trade practices. The US President, Donald Trump, has announced new tariffs aimed at countries that charge high duties on American products or have strict trade rules that are deemed unfair by the White House.
In his address, Trump referred to this day as “Liberation Day” for America, emphasizing the importance of creating a fairer playing field for US businesses in the global market. The move is seen as part of his efforts to protect American industries and reduce trade imbalances.
Meanwhile, the cryptocurrency market has been closely following the developments and its impact on the global economy. As the new tariffs take effect, investors are keenly observing how this might affect the prices of major cryptocurrencies like Bitcoin.
The current market conditions have caused a slight dip in the value of many coins, including Bitcoin, but analysts believe that this is just a short-term reaction to the news. In the long run, the impact on the crypto market remains uncertain and will likely depend on various factors such as global economic trends and government policies.
In related news, Grayscale has filed an S3 for a new Crypto ETF featuring XRP, which could potentially be a game-changer in the digital asset space. This move is seen as a significant step forward in mainstreaming cryptocurrencies into traditional finance.
On the stock market front, Gold prices have seen some fluctuations amid the ongoing trade tensions and global economic uncertainties. The Hang Seng Index has also been affected by these factors, leading to a slight decline in value.
Source: https://coinpedia.org/news/u-s-liberation-day-2nd-april-trump-tarrifs-crypto-market-bitcoin-news-stock-market-today/