As markets reel from the escalating trade war sparked by U.S. President Donald Trump‘s sweeping tariffs, crypto analysts and industry leaders are warning that the turbulence may reshape the digital asset landscape—well beyond the current sell-off.
What Happened: More than $800 million in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) liquidations have occurred in just the past 24 hours, according to data cited by QCP Capital, as Bitcoin briefly dropped below $75,000 and volatility spiked.
QCP noted that implied volatility for BTC jumped above 85v, with Ethereum hitting 130v, as traders scrambled to hedge downside risk.
What Experts Are Saying: The mounting uncertainty is pushing experts to reframe crypto’s role in the broader macroeconomic picture.
Speaking with Benzinga, Rob Chang, CEO and Co-founder of Gryphon Digital Mining said what we’re seeing is more a case of delayed reaction or markets pricing in uncertainty with a short-term bullish bias. “Bitcoin remains highly sensitive to macro developments, and any perceived lull can quickly give way to volatility.”
He added that tariffs function as a tax on both consumers and producers, and could pressure Bitcoin further.
“If trade conflict escalates and macro …
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