Opinion: Crypto market may be volatile in June due to Trump's budget and tariff controversy

According to crypto research firm K33 Research, the Trump administration's "always back down" (TACO) tariff strategy and the upcoming "One Big Beautiful Bill" budget in the Senate could combine to trigger wild market volatility in June. The TACO theory, based on observations by Financial Times columnist Robert Armstrong, points out that after President Trump announces high tariffs, he often withdraws or delays implementation due to market reaction, leading to a pattern of markets falling first and then rising. For example, Trump threatened to impose 50% tariffs on European Union goods, but after a phone call with the president of the European Union Commission, he postponed the implementation date to July 9. Trump denied the claim, calling it a negotiating tactic. K33 Research believes that with the end of the tariff suspension period approaching and the uncertainty of the budget, the market may face new volatility risks.