US President Donald Trump’s statements yesterday created a serious fluctuation not only on global exchanges, but also among Bitcoin investors. In addition to 10 percent general import tax, high -rate customs tariffs for China, Vietnam, Japan and the European Union have alarmed risk markets. While similar policies were known to lead the US to a deep economic crisis in the 1930s, historical similarities concern investors.
Is the error in the 1930s again?
The Smoot-Hawley law was enacted in 1930 to protect the American industry from foreign competition. This step, however, led to retaliation of other countries and caused the collapse of global trade. This is considered as one of the main factors that increase the severity of the Great Depression. Now, Trump’s new tariff package announced in 2025 is discussing the risk of triggering a similar process. The financial circles point out that the closure of the US to imports may adversely affect the global trade chain.
As a matter of fact, immediately after this development, Nasdaq and S&P 500 futures experienced a harsh loss of value. While safe port assets such as Gold and Japanese Yeni moved to the rise, the general atmosphere of the market has passed to “protection mode .. Analysts say that this process paves the way for slowing down and even recession in the global economy.
Bitcoin can no longer escape the risk, but the risk itself
In his early years, Bitcoin was seen as a “independent alternative against crises. However, the increasing correlation with US technology shares in recent years has made it a digital reflection of Nasdaq. This change caused BTC to be seen as a risk of risk that is no longer a safe port during economic uncertainty periods.
On the technical side, Bitcoin is trying to hold on a significant support line of around $ 77,760. This level coincides with the 50 -week EMA on the weekly graph. If this line breaks down, the possibility of withdrawing BTC to the EMA of 200 weeks, ie to approximately $ 4910 may be strengthened. This means both a technical and psychological turning point for investors. Trump’s customs policies directly affect not only the classical finance, but also the crypto. Therefore, a period in which Bitcoin investors should listen to not only price movements but also waves in the global economy.
