Has politics stopped influencing the crypto market?
Donald Trump has started publishing letters announcing tariff increases for 12 countries, effective August 1:
- 25% tariffs for Malaysia and Kazakhstan;
- 30% for South Africa;
- 40% for Laos and Myanmar.
He has also postponed the trade agreement with China until early August.
However, we’re not seeing the kind of market drop that occurred earlier this year. The prices of major tokens like $BTC , $ETH , and $SOL have remained nearly unchanged.
It seems like the markets have developed immunity to statements from the U.S. President.
