Bitcoin Market Braces for Volatility Amid Trump’s new tariff announcement

On July 12, 2025, U.S. President Donald Trump declared a 30% tariff on imports from the EU and Mexico. Set to take effect on August 1, this move positions the U.S. At a historically high tariff rate, indicating a strong protectionist policy.

Trading in commodities, particularly copper, has already begun to change dramatically. Concurrently, Bitcoin (BTC) is currently priced at 118,052.42 USD, with a total market capitalization of 2.35 trillion USD and a significant decline in trading volume.

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