🚨 ALERT, CRYPTOFANS! 🚨$BTC
What are Trump's tariffs?
The president launched a regime of reciprocal tariffs to "correct unfair trade practices," imposing up to 36% tariffs on key imports — including mining hardware from Asia — to reduce the trade deficit 🇺🇸🇨🇳
Why do they affect the crypto world?
• Miners at the limit: a jump to 36% in the price of ASICs raises production costs and may reduce the profitability of Bitcoin and Ethereum in the U.S.
• Markets on edge: announcements of new tariffs have already caused drops of up to 20% in major tokens, cooling the risk appetite of global investors
🔑 The KEY: there is a 90-day pause for negotiations, but the clock is ticking until July 9! Get ready for a possible rally… or new turbulence 🎢
Trade with your eyes wide open on Binance.
#TrumpTariffs #CryptoAlert #BinanceNews