Trump’s Tariffs Trigger Crypto Panic
Bitcoin traders are accusing President Trump of deliberately shaking the Bitcoin market.
On August 5, he signed an executive order imposing 25% tariffs on all imports from India.
The White House claims the move is retaliation against India’s continued purchases of Russian oil.
But crypto circles see another motive — to suppress Bitcoin prices before a rally.
One prominent X account, Discover Crypto, posted: “Trump really trying to send $BTC back below $110k to clear the order books.”
Traders suspect a strategy to flush out weaker positions before prices rise again.
Traders See Tariffs as Direct Attack on Bitcoin
In private Discord servers, crypto traders vented frustrations.
One anonymous trader wrote: “It’s a direct attack on risk-on assets like Bitcoin. Trump’s tantrum over oil is costing us.”
Another user noted: “He wants Bitcoin donations, but is nuking global trade. You can’t have both.”
Trump’s unpredictable approach is fueling distrust.
Many feel his new economic policy is destabilizing crypto markets.
India Tariffs Could Signal More Chaos for Bitcoin
The 25% tariffs, effective September 17, mark a steep escalation.
Trump accused India of violating U.S. sanctions by indirectly funding Russian oil.
The executive order allows a 21-day grace period.
After that, imports from India face new costs — no exceptions.
This trade dispute comes after months of improving U.S.-India relations.
But now, with tension rising, traders fear more instability ahead — and Bitcoin is often first to fall.
Historically, rising tariffs push investors into safer assets.
That could mean dumping Bitcoin, Ethereum, and altcoins in favor of stablecoins or cash.
Bitcoin Traders Brace for a Fall Below $110K
With Bitcoin hovering at $114,000, the $110,000 level has become a psychological floor.
Breaking it could trigger a cascade of liquidations.
One trader commented, “It’s not just India. This sets the tone for more chaos — and chaos hits Bitcoin first.”
Some suspect Trump wants Bitcoin to dip before surging again.
Whether intentional or not, his policies are moving markets.
Massive Liquidations Add to Bitcoin Volatility
The crypto market remained flat today, but the damage is visible.
Over $267 million in liquidations wiped out momentum built earlier in the week.
Coinglass reported that 120,403 traders were liquidated in the last 24 hours.
The largest was a $2.55 million Bitcoin position on Bybit.
At press time, Bitcoin traded at $114,368, down 0.3%.
Ethereum hovered near $3,618, while other altcoins stayed stable.
XRP showed some strength, rising 1.7% on the day.
It gained 3.5% this week amid bullish signals and regulatory clarity.
Despite the losses, total trading volume remains strong.
Bitcoin and Ethereum accounted for nearly $60 billion in combined volume in the past day.
What’s Next for Bitcoin Amid Geopolitical Tension?
Traders are now watching Trump’s next move closely.
Will more tariffs or sanctions destabilize global markets — and by extension, Bitcoin?
The current fear is clear: more policy chaos means more pain for crypto.
But some also see opportunity.
If Bitcoin survives this shakeout and holds support, the next leg up could be explosive.
That is, if Trump doesn’t tweet it back down first.