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Trump's tariffs wash the market! Seller shouts "zero tariff on Bitcoin", 640,000 BTC not for sale
Strategy founder Michael Saylor tweeted "Bitcoin Zero Tax" during the $19 billion liquidation triggered by Trump's tariffs, garnering 1.1 million views as a declaration of a market safe haven. Trump's tariffs imposed a 100% tax on China and Canada, severely impacting the US stock market and the crypto market, but Strategy firmly held onto 640,000 BTC without selling.
Saylor's "Bitcoin Tax-Free" Tweet Ignites the Market
On October 10, Saylor posted a succinct tweet: "No tariffs on Bitcoin," sending the crypto market into a frenzy. The message of those four words immediately garnered over 1.1 million views on X (formerly Twitter) and quickly became popular worldwide, with traders and investors interpreting it as a battle cry and a placebo during the tumultuous times of Trump tariffs in the market.
The timing of Saylor's tweet is crucial. Recently, President Donald Trump announced that starting from November 1, 2025, a 100% Trump tariff will be imposed on all goods imported from China, including rare earth minerals that are critical to technology manufacturing. Although the traditional market reacted strongly to this news, Saylor's tweet highlighted the unique resilience of Bitcoin prices during times of geopolitical tension and trade wars.
"Bitcoin Zero Tariff" has rapidly become a hallmark slogan for cryptocurrency enthusiasts and institutional investors, reinforcing the concept of cryptocurrency operating independently of government interventions such as Trump tariffs. Unlike traditional assets, the price of Bitcoin exists in a peer-to-peer network without a central authority, thus it is not affected by Trump tariffs, import restrictions, or political manipulation.
Trump tariffs trigger $19 billion market crash
Before Trump's tariff announcement imposing a 100% tariff on China, Beijing implemented new export restrictions on rare earth minerals. Rare earth minerals are crucial for semiconductors, batteries, defense technology, and other high-tech industries. Trump's tariff statement immediately triggered market turbulence across multiple sectors.
· US stocks plummet in response
The US stock market plummeted in response, with the Nasdaq index and the S&P 500 index evaporating nearly $1.65 trillion during the trading day. Technology stocks, which are heavily reliant on global supply chains, were particularly hard hit by Trump's tariffs, while the industrials and materials sectors also faced downward pressure due to traders considering potential production disruptions.
· Bitcoin price follows the crash
(Source: CoinMarketCap)
The crypto market has also not been spared from the impact of Trump's tariffs. Earlier this week, Bitcoin prices, which had just surpassed $126,000, subsequently plummeted, briefly falling below $105,000, and then partially recovered to around $112,179, marking a 7.59% drop in Bitcoin prices within just 24 hours. Ethereum, Solana, and other major altcoins also experienced similar double-digit declines, highlighting the interconnectedness of risk assets during Trump's tariff era.
Data from Coinglass shows that during the panic triggered by Trump's tariffs, positions worth over $19 billion were liquidated within 24 hours, marking one of the largest single-day sell-offs in the crypto market in months. Additional margin calls and forced liquidations exacerbated the market downturn, putting even experienced traders at risk of rapid Bitcoin price fluctuations caused by Trump's tariffs.
The structural resilience of Bitcoin prices against Trump tariffs
Michael Saylor has long advocated that Bitcoin is a "free currency" — a decentralized, borderless, politically neutral store of value. In a recent tweet, he reiterated that digital currencies like Bitcoin are not affected by traditional trade restrictions such as Trump tariffs, which only apply to physical goods and regulated products.
For investors worried about the ripple effects of Trump’s tariff disputes, Seller's message serves both as a reminder and a comfort: digital assets are not affected by many traditional financial pressures, and Bitcoin prices can hedge against global economic uncertainties.
The three major advantages of Bitcoin price surpassing Trump's tariffs:
Decentralized Characteristics: Bitcoin prices are not controlled by central authorities, and Trump's tariffs cannot affect them.
Borderless Flow: Cross-border transactions are not constrained by Trump tariffs or import restrictions.
Encryption Verification: Ownership transfer is verified by encryption proof rather than government agencies.
Strategy Positioning Strategy: Firmness in Silence
Saylor's strategy is the largest holder of Bitcoin, with a total of 640,031 Bitcoins worth approximately 7.19 billion USD. The company's most recent purchase was on September 29, 2025, when it acquired 196 Bitcoins for 22 million USD.
Interestingly, MicroStrategy has remained silent amid the turmoil in the Trump tariff market. Analysts point out that historically, Saylor has used Bitcoin price downturns to accumulate more. The company's current silence suggests that it is strategically pausing, possibly waiting for Bitcoin prices to stabilize after the impact of the Trump tariffs before making further acquisitions. This patient attitude reflects that the company is more inclined to hold Bitcoin for the long term rather than react to short-term market shocks like the Trump tariffs.
When Trump's tariffs caused the price of Bitcoin to drop, Saylor's "Bitcoin Zero Tariff" declaration was actually conveying strategic stability to the market: short-term fluctuations in Bitcoin prices are irrelevant, and long-term structural advantages are the core.
Bitcoin price as a hedge tool during Trump tariffs era
Saylor's views have far-reaching implications that extend beyond the U.S. market. As Trump's tariffs and U.S.-China trade tensions escalate, investors are increasingly considering alternative assets that are not affected by Trump's tariffs. Bitcoin prices, leveraging their global decentralized network, provide a potential safe haven for capital in a world where tariffs, sanctions, and regulatory uncertainties are on the rise.
Market observers point out that this may also signal a shift in investor behavior. Although Trump's tariffs have led to high short-term volatility in Bitcoin prices, digital assets can evade traditional financial controls, which enhances their long-term applicability. Analysts predict that geopolitical tensions such as Trump's tariffs may coincide with a surge in demand for Bitcoin prices, as investors seek assets that are unrelated to traditional markets.
The direct impact of Trump's tariffs—sell-offs, liquidations, and stock market declines—may occupy today's headlines, but the resilience of Bitcoin's price offers a contrasting explanation. In the context of the global trade disputes triggered by Trump's tariffs, supply chain disruptions, and political uncertainties, holding an asset that is immune to Trump's tariffs provides both security and opportunity.
Michael Saylor's succinct message — "Bitcoin Zero Tariff" — emphasizes an important lesson for investors: while the traditional market remains susceptible to Trump's tariff policies, the price of Bitcoin offers an independence and financial freedom unmatched by traditional instruments.