#TumpTariffs

🇰🇷🚨 South Korea Holds Interest Rates at 2.75% – Crypto Market Impact?

🔍 Key Highlights:

Bank of Korea holds at 2.75%, avoiding rate cuts amid U.S. trade war fears.

U.S. threatens 25% tariffs on Korean cars/auto parts – ⚠️ $35B in exports at risk.

GDP forecast slashed to 1.5% (from 1.9%) – may decline further.

🪙 Crypto Angle:

Uncertainty rising – will capital flow into Bitcoin as a hedge?

KRW pairs showing volatility, BTC/KRW worth watching.

📉 Market Reaction:

KRW weakens slightly.

KOSPI dips overall, but chipmakers rally on $23B gov’t support.