Impact of Tariffs on the Crypto Market - Binance Research
The increase in tariffs among major economies has direct effects on global markets, including the crypto ecosystem. According to Binance Research, such tensions can increase volatility and redirect investment flows towards assets like Bitcoin.
Words of the day:
Digital Asset: Digital asset that can represent value or utility on the blockchain.
Trade War: Trade war; economic conflict between nations that impose trade barriers.
Volatility: Measure of the variation in the prices of an asset; key for traders.
What does it mean for you as a trader?
Global conflicts can represent opportunities if you know how to read the market. Education is your best strategy.
