Recent trade frictions have escalated, and the US tariffs policy towards Europe has stirred the entire market. The crypto circle also could not remain unaffected, with mainstream cryptocurrencies like Bitcoin fluctuating accordingly. To be honest, once economic data becomes ambiguous, many investors start looking for safe havens, and non-sovereign assets like Bitcoin naturally become popular, leading to a wave of market movement. However, this enthusiasm did not last long, because the economic outlook brought by tariffs is uncertain, and crypto assets are easily influenced by macro factors, causing prices to adjust afterward. In the long term, trade barriers may encourage more institutions to explore decentralized finance solutions, and the application scenarios of DeFi may expand significantly. However, regulators are also following up, and risk factors coexist, so the future market still depends on how regulations are implemented.