Asia Morning Briefing: BTC Mining Industry Not Worried About New Round of Trump Tariffs

Key Points

1. TSMC and Samsung, key manufacturers of BTC mining ASICs, are exempt from new tariffs due to their U.S. investments, with TSMC's Phoenix facility cited as a reason.

2. Bitdeer confirms its partnership with TSMC for ASIC manufacturing, ensuring no impact from tariffs, and plans a U.S.-based assembly factory within a year.

3. Bitcoin trades at $117,386.04 after hitting a $123K all-time high, showing softer momentum, while Ether gains strength with a 6.43% rise to $3,905.42.

4. Taiwan's TAIEX and Japan's Nikkei 225 show positive market movements, with TSMC shares up 3% and Nippon Chemical Industrial leading gains in Japan.

5. Gold rises 0.5% to $3,387 amid market reactions to tariffs on Russian oil imports, while the S&P 500 gains 0.73% driven by Apple's manufacturing investment news.