K33: Cryptocurrency market may fluctuate in June due to Trump's budget and tariff disputes

Odaily Planet Daily News Crypto research organization K33 Research said that the Trump administration’s “always retreating” (TACO) tariff strategy and the “One Big Beautiful Bill” budget bill that will be submitted to the Senate may jointly trigger sharp market fluctuations in June. The TACO theory originated from the observations of Financial Times columnist Robert Armstrong, pointing out that after President Trump announced high tariffs, he often withdrew or postponed the implementation due to market reactions, resulting in a pattern of the market falling first and then rising. For example, Trump once threatened to impose a 50% tariff on EU goods, but after a call with the President of the European Commission, the implementation date was postponed to July 9. Trump denied this statement, calling it a negotiating strategy. K33 Research believes that with the end of the tariff suspension period and the uncertainty of the budget bill, the market may face new volatility risks. (The Block)