Trump's Tariff Drama Becomes a Major Catalyst Shaking the Crypto Market This Year

Bitcoin (BTC) is expected to lose 6.2% throughout the year 2025 with the current price at US$87,700, according to CoinMarketCap, Tuesday (30/12). However, when looking at the catalysts for Bitcoin's decline, the tariffs from United States (US) President Donald Trump are the most significant.

As is known, the crypto market recorded a total liquidation of US$19.16 billion or around Rp317.22 trillion in a day, causing millions of traders to be liquidated, Saturday (11/10). This figure became the largest liquidation in history caused by Trump's decision to threaten extraordinary tariffs on China.

In fact, the US tariff drama has been happening since the beginning of this year and caused massive liquidations, where on February 25, when Trump imposed a 25% tariff on Canada and China, the crypto market experienced liquidations of Rp22 trillion.

Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).