Introduction
Just when you thought global markets were finding their rhythm again, Donald Trump whipped out the tariff playbook and shook things up. Speaking aboard Air Force One, the former (and perhaps future) President dismissed the idea of delaying upcoming tariff deadlines, saying firmly:
“No. No, I’m not. I’m not thinking about the pause.”
That single statement was enough to send financial markets into a mini tailspin.
U.S. stocks dipped on cue, with the S&P 500 falling 14 points. But it didn’t stop there, crypto took the hit too. Bitcoin [BTC] dropped by more than 1.5%, Ethereum [ETH] plummeted around 4%, and the altcoin squad didn’t fare any better. Ripple [XRP] lost 5.24%, sliding to $2.17, and Dogecoin [DOGE] woofed down a 3.5% loss, settling near $0.75.
One user on X summed up the frustration, writing:
“Great, so we won’t have any deal, markets are gonna crash, economy is gonna be in the gutter… ‘Art of the deal.’”
Harsh.
Bitcoin Holders Stay Zen While Prices Dip
Despite the panic, most Bitcoin holders are doing just fine, thank you very much. According to IntoTheBlock, more than 91% of BTC wallets are still in profit, even after the price dip. That’s not exactly what you’d expect in the middle of a trade-war-induced market shock.
Only about 2% of holders are currently underwater, meaning a vast majority of BTC investors have reason to stay calm, if not outright smug.
Financial educator and longtime Bitcoin cheerleader Robert Kiyosaki chimed in too, calling the dip a “discounted buying opportunity.” If the market’s a rollercoaster, he’s clearly buckled in for the long haul.
India Might Be the One Exception For Trump
While Trump’s message to Japan and others was basically “no deal,” his tone toward India sounded a bit sunnier. Asked if there’s hope for a trade deal with the South Asian giant, he answered:
“Possibly. That’s going to be a different kind of a deal.”
He elaborated: “It’s going to be a deal where we’re able to go in and compete. Right now, India doesn’t accept anybody in. I think India is going to do that, and if they do that, we’re going to have a deal for much less tariffs.”
In other words, while the global market buckles under pressure, Trump seems to be offering India a trade lifeline. Strategic move, or classic Trump unpredictability? Time will tell.
Trump Tariffs: A Bad Idea That’s Making Billions?
Trump’s critics have long questioned whether his aggressive tariff strategy does more harm than good. But recent figures may be giving them second thoughts.
According to CNBC, those controversial tariffs have already generated over $121 billion for the U.S. economy. That’s a hefty “I told you so” moment for Team Trump.
Some commentators are even admitting, begrudgingly, that:
“Trump has been right about everything.”
Okay, maybe not everything, but the money talks.
The Final Takeaway: A Scare, Not a Crash
Yes, Trump’s tariff bombs rattled the markets. Yes, Bitcoin, Ethereum, and other top cryptos felt the blow. But the bigger picture? Still surprisingly bullish.
The majority of BTC holders are still in the green. Major analysts and authors like Kiyosaki see the dip as a chance, not a disaster. And even with the trade noise, there’s a strong sense that crypto’s fundamentals are holding up.
So, if you’ve got diamond hands, maybe don’t flinch just yet.