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

the cryptocurrency research institution K33 Research stated that the Trump administration's "Always Backing Down" (TACO) tariff strategy and the upcoming "One Big Beautiful Bill" budget proposal to be submitted to the Senate may jointly trigger violent market fluctuations in June. The TACO theory originated from the observation of Financial Times columnist Robert Armstrong, pointing out that President Trump often retracts or delays implementation due to market reactions after announcing high tariffs, leading to a pattern of market decline followed by a rise. For example, Trump once threatened to impose a 50% tariff on EU goods, but after a call with the President of the European Commission, he postponed the implementation date to July 9. Trump denied this claim, calling it a negotiation strategy. K33 Research believes that as the tariff suspension period nears its end and the uncertainty of the budget proposal, the market may face new volatility risks.