$ETH Shocking! Trump's tariffs hit the crypto market, is Bitcoin going to crash?
With Trump's tariffs coming down hard, the crypto market exploded! The latest report from Binance Research points out: high-risk assets are bleeding profusely, meme coins plummeting over 50%, even Ethereum has dropped back to March 2023 levels. GoMining big shot Fakhul Miah exclaimed: "The S&P 500 has evaporated 5 trillion USD, the economy is going to be a mess!"
But real-world assets (RWA) and exchange tokens held strong, only dropping 16%-18%, which is incredible. What about Bitcoin? The report reveals: too closely tied to the stock market, only 3% of investors still believe it is a safe haven, the hedging reputation looks shaky. Binance warns: "Trade wars, greed, interest rates, all are pulling the crypto market, can Bitcoin hold on?"
The US stock market has evaporated 11 trillion USD in 44 days, accounting for 38% of GDP, traditional markets cough, and the crypto circle catches a cold. Want to survive?