News from the crypto world.
According to data from Jinshi, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports.
☝🏻Note (Data provided by official Binance Square)
#TrumpTariffs
Explanation👇🏻
Trump's tariffs may influence the value of cryptocurrencies as investors, in an attempt to keep their assets intact, decide to invest in more stable coins or, in some cases, invest in decentralized coins like $BTC . This situation actually occurred in 2018; however, the current threat from Trump may negatively impact the market depending on the circumstances of the other cryptocurrencies, creating high volatility.
So stay tuned for any news from the crypto world, do your own analysis, and avoid any storm that may affect your operations; otherwise, your trades may have one surprise or another 😅
$BTC
According to data from Jinshi, President Trump announced plans to impose additional tariffs on countries that tax U.S. exports.
☝🏻Note (Data provided by official Binance Square)
#TrumpTariffs
Explanation👇🏻
Trump's tariffs may influence the value of cryptocurrencies as investors, in an attempt to keep their assets intact, decide to invest in more stable coins or, in some cases, invest in decentralized coins like $BTC . This situation actually occurred in 2018; however, the current threat from Trump may negatively impact the market depending on the circumstances of the other cryptocurrencies, creating high volatility.
So stay tuned for any news from the crypto world, do your own analysis, and avoid any storm that may affect your operations; otherwise, your trades may have one surprise or another 😅
$BTC