Trump’s Tariff Drama Shakes Markets, But Bitcoin Stays Strong 👎🏻
Trump’s frustrated about Walmart’s price hikes due to tariffs and is eyeing trade talks with China. Stocks are shaky, the Fed’s playing it safe, and a Moody’s downgrade of the US credit rating is exposing fiscal weaknesses. Meanwhile, Bitcoin’s holding up, briefly hitting $107,000 after Metaplanet’s $104M buy and weekend accumulation. Profit-taking cooled the rally, but BTC’s steady, backed by institutional demand and ETF inflows. Coinbase joining the S&P 500 and acquiring Deribit highlights crypto’s growing mainstream acceptance. Volatility markets are lively, with BTC options showing a bullish tilt.
It’s crazy how Bitcoin’s chilling while markets stress over Trump’s tariff rants and the US credit downgrade. It’s really owning that “store of value” rep, with heavyweights like Metaplanet and ETFs doubling down. Coinbase’s S&P 500 move is a big deal for crypto’s street cred, and the bullish options vibe hints at more upside. Still, with all this macro chaos, I’m wondering how long BTC can keep this calm streak going.
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