In short, this is the most important news of the day and its potential impact on the crypto market:
📰 Trump Statement: Donald Trump announced that tariffs on Canada and Mexico will begin on Tuesday, and he threatened to impose tariffs on countries that intentionally weaken their currencies.
💰 How does this affect crypto?
• If trade tensions increase, investors may turn to Bitcoin as a safe haven, which could drive the price up.
• If the tariffs strengthen the dollar, we may see downward pressure on cryptocurrencies.
👀 Staying updated is important: Any new developments could quickly affect market movements, so keep an eye on the news and upcoming moves!
