Tariff Announcement Sparks Surge in Social Media Discussion, Cryptocurrency Volatility
The recent announcement by President Trump of a 15% global tariff on imports has triggered a surge in social media discussion around tariffs, with mentions spiking across cryptocurrency platforms.
According to data from market intelligence firm Santiment, this is not an isolated incident. Over the past year, three separate tariff announcements generated large increases in discourse across platforms including X, Reddit, and Telegram, each occurring near notable market shifts.
The current situation is marked by elevated macro and legal uncertainty, which may lead to further volatility in the cryptocurrency market.