$SOL The Simpsons predicted this again!
The worst day in the history of the global economy is here....
The Federal Reserves decided today to cut the interest rate to 1%, leading to a closed-door meeting
Here’s how this will affect cryptocurrencies and when the market will return (or may not return)
The trade war led by Trump is in full swing, with increases in tariffs on imports from China and other key partners
❍ Last week, China raised tariffs by 34% on American goods, causing a state of panic in global stock markets
❍ The shockwave? A sudden flight to safety, leaving both stocks and cryptocurrencies in a position to avoid risks
Amid this chaos, the Federal Reserves are under immense pressure to act
❍ Investors are now considering emergency interest rate cuts - some are even expecting a drop to 1% today❍ The Federal Reserves remain under Powell's leadership, preferring to wait for more precise data before changing policy
Cryptocurrencies are also feeling the pain - with Bitcoin dropping towards $76,000 and Ethereum below $1,500
❍ Sol is suffering, losing a crucial support level at $100
❍ Over $1.2 billion has been liquidated from crypto derivatives positions in the last 24 hours
➫ Trump's strategy is clear - to create economic chaos to force the Federal Reserve's hand
#TrumpTariffs
Disclaimer: Includes opinions of third parties. This is not financial advice. May include sponsored content. Consult the Terms and Conditions
75,631.49
-5.41%
ETH
1,416.39
-10.71%
29.6k
views
12
likes
2
quotes
3
shares
14 replies
Most relevant
Most recent
mahmoud_zain