Trump's 'Liberation Day': What it means for crypto markets
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US president Donald Trump has declared April 2, 2025 as "Liberation Day" — a moment he claims will restore America's trade fairness through sweeping reciprocal tariffs. With few concrete details confirmed, global markets remain on edge. Investors are bracing for the economic fallout of a potential trade war, and crypto traders are watching closely to assess the impact on digital assets. In this article, we break down what to expect from “Liberation Day” and how it could shape the outlook for equities, the US economy and crypto markets.
Key Takeaways:
Called "Liberation Day," Trump's reciprocal tariff announcement on April 2 could trigger a global trade war and increase inflation risks.
Equity and crypto markets have already responded with heightened volatility ahead of the announcement.
Bitcoin, down over 10% YTD, may face further pressure if macro fears intensify following “Liberation Day.”