🚨Trump strikes again! Angrily slashing EU tariffs by 50%💥The cryptocurrency market plunges overnight, is the bull market over?!
Trump is at it again💣, suggesting a massive 50% tariff cut on the EU starting in June, threatening that Apple might also be affected📉! As a result, U.S. stocks took a nosedive, with the Nasdaq and S&P collectively falling, the dollar also took a hit, and gold soared dramatically💸.
Meanwhile, the crypto world is also suffering: BTC down 2.2%, ETH down 3.5%, back to square one overnight.📉
The excitement is just beginning: the U.S. Senate is advancing the "GENIUS Stablecoin Act," with high-level White House officials saying it could "unlock trillions," sounding like a money printing machine for the crypto world🎰. Texas is directly ramping up with a "strategic Bitcoin reserve," is this a new financial era? Are you sure they aren't just gambling?😂
With relaxed regulations and ETF funds pouring in, analysts are painting a rosy picture saying BTC will soar to $150,000, while the market looks confused: altcoins aren't budging, the altcoin season hasn't arrived yet🐌.
What's even crazier is that major banks want to unite to issue stablecoins to counter the crypto industry? Is traditional finance stepping in to grab the market share?🍽️
There are also betting institutions throwing out $2.1 billion to buy BTC, ETFs pouring in over $1 billion in a week, creating a bullish atmosphere, but the market is increasingly resembling an "emotional exhaustion arena"😵💫.
To summarize: 👀 On one hand, Trump is stirring global trade chaos, on the other hand, relaxed regulations are agitating the crypto sphere, gold is soaring, the dollar is falling, and the stock market is panicking… can the crypto market keep up? It all depends on what the Americans do next.📉📈🎭
In a nutshell:
The plot in the crypto world is eerily similar to Trump's speeches—sounds invigorating but ultimately frustrating💀