Tag: Trump’s tariff
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Trump’s Tariff Letters Spark 4.5% Crypto Crash
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President Donald Trump’s tariff letters to 14 countries has sent shockwaves through the global financial system with the crypto market bearing the brunt. Within 24 hours of the announcement, the total crypto market cap dropped by 4.5%, leading to a red day for top coins and related stocks alike. Alongside cryptocurrencies, the US stock market…
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Bitcoin Nears $80K but Faces Market ‘Turning Point’
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Bitcoin (BTC) continues to hover near $80,000, but analysts warn that a key shift could be on the horizon. Recent market turbulence, triggered by Trump’s tariff announcement, has seen BTC drop over 5%, reigniting debates over its status as “digital gold.” Meanwhile, traditional gold remains the preferred safe haven for investors, outperforming Bitcoin in uncertain…