Early Morning "Thunder": Trump's Tariff Comments Shake Global Markets
At around five in the morning, while the world was still immersed in tranquility, Trump dropped a "bombshell".
He declared that if he could return to the White House, he would consider imposing tariffs of up to 60% on Chinese goods and 10% on goods from other countries.
As soon as these words were spoken, they hit the already fragile global market like a heavy hammer.
After the Asian stock markets opened, they fell into a severe downward spiral, with a scene of widespread devastation. The European and American futures markets were no exception, with stock prices plummeting like a kite with a broken string. The cryptocurrency market faced a catastrophic disaster.
Bitcoin's price dropped from over $110,000, plummeting without resistance to just above $100,000. In just a few hours, the market value evaporated by more than $600 billion, like a flood breaching a dam.
This brutal reality ruthlessly revealed the "disguise" of cryptocurrencies. They are no longer the safe-haven assets that people once had high hopes for, but rather a speculative product full of risks and uncertainties.
In the face of the storm of macroeconomic turmoil, it is as fragile as a thin piece of paper; any slight disturbance will mercilessly tear it apart.
Institutional investors treat Bitcoin as a technology stock to speculate wildly, and once risks arise, they flee without hesitation. The so-called "digital gold" myth is nothing but a fleeting illusion in their eyes.
This incident has sounded the alarm for us. When investing in cryptocurrencies, we can no longer be limited to the technology and prospects of the projects themselves.
The direction of the Federal Reserve's policies, the final outcome of the U.S. elections, and the ever-changing international trade situation—these macro factors have far more influence on cryptocurrency prices than the technical upgrades of the projects themselves.
The traditional all-in investment strategy is no longer viable in this unpredictable market. We must learn to diversify our investments, allocate assets reasonably, buy gold at the right time, and hold cash when necessary.
The market is changing, and our investment strategies must keep pace with the times. Only in this way can we safeguard our wealth in this war without gunpowder.
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