U.S. Treasury Secretary lightly plays with tariff chips, Wall Street giants have redirected their fire - the crypto world is becoming a new battlefield for capital's dark war!
As the 'Iron Curtain' of tariffs falls, trillions of hot money seek new paths.
U.S. Treasury Secretary Basant lays bare: 'The higher the tariff revenue, the less the Supreme Court dares to overturn Trump's policies!' This statement directly points to the legitimacy dispute over 'reciprocal tariffs' being heard by the federal court in Washington, D.C. (involving increased tariffs among China, Canada, and Mexico), further implying that the White House will use fiscal revenue to bind judicial decisions.
A chain reaction is erupting:
Though Trump has extended the suspension period of tariffs on China by 90 days (originally set to expire on August 12), the 'weaponization of tariffs' has become a foregone conclusion, accelerating the tear in global trade chains.
Massive capital is forced to flee traditional markets - the total circulation of stablecoins has surged to a historical peak of $270 billion, with a monthly increase of $30 billion! USDT and USDC become safe-haven transit stations.
Trading volume on decentralized exchanges like XBIT surged by 20%, users are 'voting with their feet' against bank crackdowns (Citibank and JPMorgan continue to close crypto accounts without reason).
Ethereum ETF attracts $1 billion in a single day! Institutions scramble for the truth.
Within 24 hours of Basant's tariff declaration, the crypto market staged an epic siphon:
BlackRock's Ethereum ETF grabbed $640 million in a single day, Fidelity followed with $277 million, pushing total inflows for Ethereum ETFs across the U.S. past $10 billion.
Hong Kong-listed company Huajian Medical (01931) swiftly launches 'Ethereum Treasury Strategy', announcing the replacement of inefficient assets and regular investment in ETH as core reserves.
The ETH reserves on exchanges have plummeted to 15.28 million (a nine-year low), with whales hoarding coins forcing shorts to liquidate - leveraged king AguilaTrades just bet $42 million to short ETH, fearing a counterattack!
Vitalik urgently warns: Companies hoarding ETH could trigger an 'over-leverage nuclear bomb', but Goldman Sachs counters: 'Go long on Bitcoin and Ethereum! They are the ultimate store of value in turbulent times.'
Countdown to rate cuts in September, with Bitcoin at $120,000 just the starting point.
The tariff war combined with a shift in Federal Reserve policy ignites a dual engine in the crypto market.
86.4% probability locking in a rate cut in September, CPI/PPI data confirms economic recession.
The Bitcoin CME gap has been fully filled, and whales are aggressively buying on dips - MicroStrategy founder Saylor stated: 'Keep buying Bitcoin, and you will keep making money!' (implying further accumulation).
Ethereum's market cap surpasses Bitcoin, entering the countdown! Consensys CEO predicts: 'Treasury companies will boost ETH's market cap within a year.'
Old Zhu's explosive remarks: Three moves to harvest the benefits of the tariff war.
Hoarding stablecoins to hedge against black swans: Banks' crackdown on crypto business accounts escalates (Unicoin has been targeted for the fourth time), holding USDC and DAI allows for quick entry into DeFi lending.
Shooting for ETH corrections: ETF fund inflows ≠ short-term surges, Polymarket predicts a 74% probability of ETH breaking new highs this year, a good opportunity to buy if it dips below $4000.
Betting on 'tariff beneficiary coins': Supply chain tokens (like Vechain, Polkadot) may see a surge in orders, with XBIT data showing a 47% monthly increase in on-chain settlement volume for industrial capital!
At this historic turning point, the traditionalists are trapped in a tariff siege, while the disruptors have stormed the new continent of crypto!
As traditional financial markets tremble due to the tariff war, the crypto market quietly becomes the foundation of a new order - $270 billion in stablecoins solidifying the base, $10 billion in ETF funds building the walls; we are all witnesses and beneficiaries of this migration of wealth.
Tariff war + interest rate cut wave, the biggest wealth opportunity of 2024 has already begun - do you want to be the hunter who ambushes early or the latecomer who becomes fodder? Click on the profile picture to follow me for a hand of information and in-depth analysis!