Tariff nuclear explosion, 104% tariff implementation, a businessman's plan from 37 years ago

律动BlockBeats|Apr 09, 2025 06:59
BlockBeats News: On April 9th, the 104% tariff imposed by the United States will officially take effect at 00:01 Eastern Time on April 9th. As soon as the news came out, the Bitcoin market once again staged a shocking scene! According to the BiyaPay market, the price of Bitcoin plummeted to a low of $74508, evaporating nearly 10% of its market value in just 24 hours.
Trump is really persistent. 37 years ago, he bought the entire New York Times page to expound on his ideas on tariffs, diplomacy, and more. 37 years later, what he did was his own philosophy. This move not only poses a threat to the global supply chain, but also brings new uncertainty to the cryptocurrency market.
Tariffs may push up inflation or force the Federal Reserve to tighten monetary policy, which is detrimental to the cryptocurrency market; If the dominant position in the refining of key metals such as lithium and copper triggers export countermeasures, it will directly push up the hardware costs of mining machines and impact the mining economic model; The potential catalyst for the strengthening of the US dollar from the combined tariff war may further amplify the volatility of safe haven demand for decentralized assets such as BTC.
Faced with a volatile market environment, investors' demand for safe and efficient asset allocation tools has sharply increased. In this context, BiyaPay, as the world's first multi asset trading wallet, showcases its unique value. It has now enabled instant exchange of fiat and digital currencies, participation in the US/Hong Kong stock market with USDT, zero transaction fees for spot/contract makers, B2C compliant withdrawal channels, secure withdrawal without freezing cards, effectively avoiding the risk of fund freezing in traditional OTC/C2C transactions, and providing practical solutions for cryptocurrency investors facing policy uncertainty.
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