According to The White House (@WhiteHouse), President Trump has signed a proclamation increasing tariffs on steel and aluminum imports by 50% to strengthen U.S. steel production and national security (Source: The White House, June 3, 2025). This decisive trade policy move is expected to impact global commodities, potentially causing volatility in traditional markets. Historically, heightened trade tensions and protectionist measures have led to increased interest in cryptocurrencies as alternative, borderless assets, suggesting potential upward pressure on major coins like Bitcoin and Ethereum as investors seek hedges against macroeconomic uncertainty (Source: CoinDesk, 2024). Traders should closely monitor crypto market reactions, as increased U.S.-China trade friction could drive both price swings and trading volumes in digital assets.

According to Fox News, French President Emmanuel Macron criticized the trade and geopolitical policies of former U.S. President Donald Trump and China, warning that their actions regarding trade, Ukraine, and Gaza could destabilize the global order. For crypto traders, heightened global uncertainty and potential disruption in international trade flows may lead to increased volatility in Bitcoin and altcoin markets, particularly as investors seek alternative assets during periods of geopolitical tension (Fox News, May 30, 2025).

According to Crypto Rover, former President Trump is set to announce new tariffs within the next 2-3 weeks, with existing China tariffs potentially remaining at 30% through 2025 (source: Crypto Rover via Twitter, May 16, 2025). This development is likely to increase market volatility, especially impacting crypto traders seeking safe haven assets during periods of heightened geopolitical tension. Historically, major tariff announcements have triggered short-term price swings in Bitcoin and altcoins as investors react to global risk factors. Market participants are advised to monitor US-China trade news closely, as persistent tariffs can affect liquidity flows and risk appetite in both traditional and digital asset markets.

According to Fox News, Letitia James’s town hall was disrupted when a Trump supporter demanded an apology, highlighting ongoing political divisions. Such political tension often increases market uncertainty and could drive short-term volatility in risk assets, including cryptocurrencies, as traders price in the potential for regulatory shifts and public sentiment swings (Fox News, May 9, 2025). Crypto traders should monitor U.S. political events closely, as heightened polarization may influence capital flows into digital assets seeking safe-haven status.