Crypto Daybook Americas: Trump’s Recent Tariff Threats Fail to Impact Bitcoin

Your day-ahead look for March 27, 2025

President Donald Trump intensified his trade rhetoric, threatening to impose additional tariffs on the EU and Canada in response to their actions that he perceives as harmful to the U.S. economy. This comes on the heels of a 25% tariff announced on vehicles and foreign-made auto parts.

Donald Trump threatens to impose additional tariffs on Canada and the EU Donald Trump threatened to impose additional tariffs on Canada and the EU. (Win McNamee/Getty Images)

Despite these threats, cryptocurrency markets have remained stable. Bitcoin is fluctuating around $87,500, experiencing a slight decline of approximately 0.6% over the past day. This stability is observed amid broader concerns regarding economic growth, especially as leaders from Europe are set to meet with President Zelensky of Ukraine to discuss security guarantees.

Additionally, cryptocurrency prices are being impacted by macroeconomic factors and the upcoming expiration of around $15 billion in Bitcoin and Ethereum options contracts, causing uncertainty in the market. Moreover, the U.S. House of Representatives has introduced a bill aimed at mitigating systemic risks associated with stablecoin use, while blockchain technology continues its steady progress.

In today’s agenda, the U.S. Senate Banking Committee is scheduled to hold a hearing on Paul Atkins, who is nominated as the next Chair of the SEC.

What to Watch

• Crypto Events:

  • March 27: Walrus (WAL) mainnet goes live
  • April 1: Metaplanet (3350) 10-for-1 stock split

• Macro Events:

  • March 27: U.S. Bureau of Economic Analysis to release Q4 GDP data.
  • March 27: U.S. Department of Labor to release additional unemployment insurance data.
  • March 27: U.S. Senate Banking Committee to hold a hearing on Paul Atkins’ nomination to SEC.

Monitor ongoing market activities as developments unfold throughout the day.