🔴 China has closed exports of rare earths: geopolitics is putting pressure on the markets

🇨🇳 China has temporarily suspended the export of rare earth minerals and magnets in response to new import duties from the USA.

📌 These resources are critically important for American technologies:

• Electric vehicle production

• Electronics

• Military and aerospace industries

⚙️ Why is this important for crypto?

— Rise of geopolitical tension → volatility in global markets

— Investors may seek alternative assets for hedging — and crypto is among them

— But a temporary correction is also possible if the risk-off sentiment hits all markets at once

Subscribe — here we track how geopolitics affects blockchain 🔴

#bitcoin #crypto #geopolitics #ChinaUSA #commodities $BTC $ETH $BNB