🚨🚨🚨 Cryptocurrency market on the brink: what’s happening today?
🤝 Friends, hold on tight — the cryptocurrency market is in turmoil again! Political winds are setting the tone: the USA has imposed new tariffs on Chinese goods (145%), and China responded in kind (84%), causing Bitcoin to plummet to $85K. Donald Trump, escalating the trade war, unexpectedly lifted some restrictions on mining, giving hope for recovery. In Russia, the legalization of cryptocurrency for payments is being discussed, but with a heavy tax — this could shake up the CIS market. Pakistan, on the other hand, is taking a step towards crypto by utilizing excess energy for mining. And in Ukraine, a new bill on cryptocurrency taxation adds uncertainty.
What does this mean for us? Volatility is through the roof, but I see a light at the end of the tunnel. Bitcoin is holding strong despite the storm, and altcoins like Ethereum might provide a rebound. My advice: if you're a long-term investor, now is the time to pick up assets on the dip — but cautiously, with 10-15% of your portfolio. For traders: keep your stops, the market is nervous, it's better to wait for a reversal.
Recommendation: Buy on lows with caution, sell only at clear signals. Stay tuned for the news — they are driving the market right now!
