$BTC #ETHMarketWatch
Red?
Trump suddenly announced that he intends to impose a 50% tax on all European products, and he even said that he might impose a 25% tax on iPhones manufactured outside of America.
The news hit the market like a thunderbolt.
Bitcoin dropped from over 111,000 to below 109, and all global markets retreated.
People were afraid of a new trade war and shifted their money to safe havens like gold.
Although crypto has nothing to do with this, it drops directly before all markets.
