Wondering why Trump’s trade wars are dragging down #Bitcoin ? Let me break it down for you 👇🏽
The #TRUMP administration has recently slapped 25% tariffs on imports from Canada and Mexico and 10% on Chinese imports.
The fallout? A direct hit to financial markets. More specifically:
📉 Impact on the #NASDAQ
🔹 Supply chain disruptions → Higher tariffs mean rising costs for U.S. companies, especially in tech, squeezing profit margins.
🔹 Declining global demand → Trade retaliation slows U.S. exports, cutting into the revenues of publicly traded companies.
₿ Impact on Bitcoin:
🔹 Increased risk aversion → Uncertainty drives investors toward gold and other safe-haven assets, sidelining crypto.
🔹 Heightened volatility → Protectionist policies shake up markets, making investors wary of Bitcoin’s unpredictability.
➡️ Bottom line: These economic tensions are fueling uncertainty, weighing down both tech stocks and Bitcoin.
💬 What’s your take? Is this a dip to buy or a warning sign? 🚀👇
