Trump, Mexico pause tariffs after border agreement; crypto positively reacts

President Donald Trump has decided to pause a proposed 25% tariffs on goods entering the United States from Mexico for one month following an agreement with Mexican President Claudia Sheinbaum.  The decision comes after Sheinbaum committed to deploying 10,000 National Guard troops to the U.S.-Mexico border to curb illegal drug trafficking, particularly fentanyl, and prevent […]

Trump tariffs and DeepSeek shake up ETF inflows

Weekly inflows have fallen from the billions to $527m last week, mostly due to volatile investor sentiments such as DeepSeek and tariffs. Crypto investment products saw inflows of $527 million, balanced by outflows of nearly the same amount. This number is a far cry from the inflows that came in a week prior which reached […]

Trump’s tariffs send Bitcoin and crypto market tumbling

After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin’s price fell by 5%, which has rippled its way into altcoins. Effective Feb. 1, the U.S. will impose tariffs of 25% on imports from Canada and Mexico and 10% on […]

Trump tariffs may have ripple effects in crypto: Here’s why

Recent tariffs imposed by President Donald Trump on imports from Canada, China, and Mexico are expected to have varying impacts on the cryptocurrency mining sectors in these countries. U.S. and China The U.S. has announced a 25% tariff on Canadian and Mexican imports and a 10% tariff on Chinese goods, effective Feb. 1, 2025, according […]

Trump tariffs, risk-off sentiment put pressure on crypto

Cryptocurrency prices are crashing, with the total market capitalization of all coins falling by nearly 4% to under $3.6 trillion. Bitcoin (BTC) and most altcoins were in the red, with tokens like Virtuals Protocol, Bittensor, Neo, and Jasmycoin being the top laggards. All these tokens crashed by over 15% on Sunday. The main reason why […]