🌐Trump imposes 25% tariffs on Canada and Mexico – this could hit the currencies of these countries and lead to a decline in futures for American stocks. Historically, such moments have led to capital outflows into alternative assets, including even cryptocurrencies.
What does this mean?
🚀 Possible growth of Bitcoin and the crypto market as a safe-haven asset.
📉 But volatility may increase, as panic in the stock market often affects crypto as well.
If the situation escalates, demand for decentralized finance and crypto payments may rise. Let's keep an eye on the market!🤝