#CryptoTariffDrop Crypto markets are reacting turbulently to the escalation of the trade war between the US and China 😠. Bitcoin is falling below $75,000, and Ethereum below $1,500 📉. This sharp drop followed the introduction of high US tariffs of as much as 104% on Chinese goods 😲. This is further pressuring already unstable cryptocurrency markets 😟. What will be the consequences of this new blow? 🤔 We are monitoring the situation 👀 and hoping for stabilization soon 🙏."
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