XRP News Today: U.S. Tariff Surge Sparks Global Trade Shifts and Crypto Market Volatility

The U.S. is reshaping the global trade landscape through a sweeping new tariff regime that impacts over 90 countries and is generating ripple effects in the cryptocurrency sector. The policy, part of President Donald Trump’s broader economic strategy, includes tariffs ranging from 10% to 41% on imports from key partners like Canada, South Korea, and Brazil. Canada now faces a 35% tariff on imports, while the U.S. and EU have agreed to a reciprocal 15% tariff. Some countries have received temporary relief, but the uneven application of the new rules has created a fragmented and unpredictable trade environment [3]. This development is being viewed as one of the most significant shifts in global trade since the post-World War II era [1].

Simultaneously, the U.S. is moving toward greater regulatory clarity in the crypto space. The Securities and Exchange Commission (SEC) has launched “Project Crypto,” a comprehensive initiative to bring structure and legitimacy to the digital asset market. The move aligns with the recent passage of the "Genius Act" by Congress, which seeks to formalize the legal status of cryptocurrencies and enhance their integration into mainstream finance [2]. These developments are contributing to a more institutional-friendly environment, though they also come amid heightened uncertainty from the broader trade policy shift.

The cryptocurrency market is showing mixed reactions. XRP has reached historic highs, reflecting optimism around new legislative momentum, while Bitcoin and other major coins face downward pressure as traders adjust to the shifting global economic backdrop. According to Roman Trading, a bearish outlook remains valid, with Bitcoin having dropped to $114,000 following a consolidation phase. The analyst notes that long-term weekly trends remain bearish, and key support levels have yet to be tested. A failure to hold above $110,000 could lead to further declines, especially if the market reacts poorly to the ongoing trade turbulence [1].

The interplay between trade policy and crypto markets is not a new phenomenon. A recent academic study using the quantile Granger causality test found that U.S. trade policy uncertainty can have a measurable impact on cryptocurrency returns across various market conditions [1]. This suggests that the current trade volatility is likely to continue influencing crypto price movements, particularly as global supply chains adjust to the new tariff regime.

Meanwhile, trading volumes in crypto markets remain subdued. Despite the implementation of new tariffs and regulatory developments, volumes have not yet reached the levels seen during the 2022 bear market. The fragmentation of ETF channels and the diversification of entry points through treasury firms have altered the traditional flow of capital into digital assets. A meaningful recovery in trading activity may depend on increased institutional participation and the return of retail investor confidence.

In parallel, traditional markets are also adjusting. Sectors like commercial real estate are feeling margin pressures due to higher costs of imported goods. The ripple effects of trade policy uncertainty are evident across asset classes, reinforcing the need for investors to remain vigilant and adaptable.

As the U.S. continues to recalibrate its economic and regulatory frameworks, the coming months will test the resilience of both traditional and digital markets. The interplay between trade policy and crypto regulation will likely remain a key driver of market sentiment and investment flows.

Sources:

[1] A quantile Granger causality test — [https://www.sciencedirect.com/science/article/pii/S154****325012577](https://www.sciencedirect.com/science/article/pii/S154****325012577)

[2] XRP Surge Reshapes Global Asset Landscape: RI Mining — [https://www.barchart.com/story/news/33748873/xrp-surge-reshapes-global-asset-landscape-ri-mining-ai-cloud-powers-borderless-living](https://www.barchart.com/story/news/33748873/xrp-surge-reshapes-global-asset-landscape-ri-mining-ai-cloud-powers-borderless-living)

[3] Trump's global tariff offensive targets 92 nations — [https://the-cfo.io/2025/08/01/trumps-global-tariff-offensive-targets-92-nations/](https://the-cfo.io/2025/08/01/trumps-global-tariff-offensive-targets-92-nations/)