Trump's Tariff Hammer: A Massive Blow to the Crypto Market!
_Is Trump's Tariff Decision a Massive Blow to the Crypto Market?_
Trump's recent decisions have shaken the crypto market. The imposition of a 25% tariff on goods imported from Canada, Mexico, and China has prompted the Canadian government to retaliate with a 25% tariff on US imports.
_A Massive Earthquake in the Crypto Market_
This has triggered a massive earthquake in the crypto market, resulting in a $700 million liquidation and losses for over 6,000 traders. Bitcoin had reached its all-time high, but altcoins failed to reach their previous highs and have once again entered a bear market.
_Is There Any Hope Left for the Crypto Market?_
There are several concerns:
- China's reaction: Will China impose tariffs on US imports?
- US government's next move: Will the US government impose additional tariffs?
- Delisting of USDT: Will European exchanges delist USDT?
_Conclusion_
We must now find a suitable opportunity and exercise caution. Are you prepared?
