BTC & tariffs – short version
· BTC: around 78k USD; support at 77k, resistance at 80k. Spot ETF still sees net buying, but wait for FOMC so it may be choppy.
· Tariffs: The US applies under Section 301, at 10–12.5% for 60 economies. China/HK/Japan/Korea/Vietnam/India: 12.5%; Canada/UK/Mexico: 10%.
· Impact: In the short term, this creates psychological pressure; BTC may fall along with equities. Long term: mining/parts costs rise; if inflation stays high and prompts the Fed to ease, BTC could be viewed as a hedge.
Not investment advice.
#SECReceivesGrayscaleLitecoinTrustETFFiling
· BTC: around 78k USD; support at 77k, resistance at 80k. Spot ETF still sees net buying, but wait for FOMC so it may be choppy.
· Tariffs: The US applies under Section 301, at 10–12.5% for 60 economies. China/HK/Japan/Korea/Vietnam/India: 12.5%; Canada/UK/Mexico: 10%.
· Impact: In the short term, this creates psychological pressure; BTC may fall along with equities. Long term: mining/parts costs rise; if inflation stays high and prompts the Fed to ease, BTC could be viewed as a hedge.
Not investment advice.
#SECReceivesGrayscaleLitecoinTrustETFFiling