Trump's Heavy Taxes on Apple Trigger Sell-Off, Bitcoin Can't Hold $30K, Is This the End of the Bull Market?
Trump's heavy taxes hit Apple, shaking investor confidence, leading to a drop in U.S. stocks that dragged down Bitcoin, which briefly fell below the $30,000 mark. The crypto space instantly fell into panic, with social media flooded with discussions of the 'end of the bull market.'
But we must stay calm; a true bull market won't end because of a single piece of news, and genuine market leaders won't emerge during moments of social media panic. This tariff-induced pullback feels more like a large-scale shakeout.
The influence of Apple as a tech leader should not be underestimated; its decline triggered a series of reevaluations among tech stocks, indirectly affecting crypto tech assets. However, in the long run, this pullback will not destroy the Bitcoin trend but rather provide a more reasonable opportunity to increase positions.
After all, Trump's tax hike attacks fiat currency credit, not the order on the blockchain. The question we should be asking isn't 'Has the bull market ended?' but rather: Who is buying your chips while you're in a panic?
