Crypto Market Crash Warning as Trump Backs 500% Tariffs on Countries Buying Russian Oil

Tariff trade war is once again escalated after President Trump signed off on a bipartisan bill imposing at least 500% tariff on countries purchasing Russian oil, including India, China, and Brazil

This matters for crypto because sharp sell-offs in emerging markets often spill into risk assets globally, including digital currencies.

Will Crypto See Another Major Crash?

Whether this dip turns into a bigger crash depends on how strict the tariffs become and how other countries respond.

If trade tensions last longer, investors may move their money into safer assets, which could put more pressure on crypto prices.

For now, the market is clearly on edge, Bitcoin is trading around $90,234, while Ethereum, XRP, Solana, and others are facing 4% to 10% losses.

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