Sino-US trade tensions escalate! China demands that the United States completely eliminate tariffs from 2025, and the cryptocurrency market fluctuates violently!
Amid the ongoing Sino-US trade tensions, China demanded that the United States completely eliminate tariffs from April 2025, a requirement that quickly caused market shocks. China's Ministry of Commerce stood firm and called on the United States to "correct its wrong practices" and completely eliminate "reciprocal tariffs", further exacerbating tensions between the two countries.
Tariff cancellation requirements caused cryptocurrency prices to fluctuate violently!
Affected by changes in trade policies, major cryptocurrencies such as Bitcoin and Ethereum experienced a brief decline, and market volatility increased. The global financial community is paying close attention to the development of Sino-US trade relations. Experts warn that the market may continue to experience uncertainty and volatility in the coming months, and traders face significant opportunities and risks.
Geopolitical influence on volatility: investors suffer heavy losses
This is not the first time that market volatility has been caused by trade tensions. Similar events in history have caused investors to lose a lot of money. Investor Dave Portnoy once lost $7 million due to the tariff announcement, further emphasizing the importance of stable trade relations to the global market. Against this background, the future trend of the cryptocurrency market has become more confusing!