Analyst: Trump's tariffs bring uncertainty to the global economy, which may trigger a recession and affect the prices of Bitcoin and cryptocurrencies

ChainCatcher news, CryptoQuant Research Director Julio Moreno posted on social media, "Trump's tariffs have brought too much uncertainty to the global economy. If the tariffs last long enough, the likelihood of an economic recession is quite high.

Despite a positive regulatory environment and advancements regarding U.S. cryptocurrency reserves, this still affects the prices of Bitcoin and cryptocurrencies."