Elimination of nearly all profits just one day after Trump announced the establishment of the crypto strategic reserve fund - Bitcoin dropped to 85k from 95k, Ethereum fell to 2k from 2.5k!

What happened? 👇

- On March 3, 2025, the US stock market experienced severe volatility as the Dow Jones dropped more than 1,100 points in just a few hours, erasing $1.5 trillion in market capitalization of the S&P 500.

- The main cause stemmed from President Trump's announcement of imposing a 25% tariff on Canada and Mexico, effective from March 4, 2025, surprising and alarming investors.

- Trump also signed an order to increase tariffs on China by an additional 20%, raising the average tariff in the US to its highest level since the Great Depression, escalating global trade tensions.

- Reports from the Wall Street Journal and Reuters indicated that the Trump administration had stopped funding weapons for Ukraine and was preparing to ease sanctions on Russia, raising concerns about geopolitical impacts on the market.

- The Atlanta Fed's forecast for Q1 2025 GDP growth dropped significantly to -2.8%, marking the deepest decline in 4 weeks, exacerbating pressure on the financial market.

During Trump's term, investors will be tortured to the point of exhaustion! For those with less experience & weak mental resilience, long-term investment is advisable!