Ex-President Trump’s Tariff Threat Sends Crypto Market into a Downward Spiral, Including His Own Meme Coin.

The Unforeseen Impact of Tariff Threats on Cryptocurrency

In an unexpected turn of events, a tariff threat from ex-president Donald Trump sent crypto prices plummeting early this week. Notably, the fall in crypto prices was not discriminatory, even affecting his meme coin.

The sharp downturn, fuelled by the tariff threat, has been one of the biggest jolts to the global cryptocurrency market since the start of the year. Investors, who were already cautious due to a volatile start to 2025, have been sent into a new whirlpool of uncertainty.

While it is a commonly understood fact that the global economic pressure and market uncertainty have always influenced cryptocurrency prices, this is the first time a potential tariff threat has played such a decisive role.

However, it is the downslide of Trump’s own meme coin that has stolen the limelight. The irony of the situation has been causing ripples in the market, sending a message of the fickle nature of cryptocurrencies and eliciting reactions from various sections of the industry. Read More