⚠️Trump pulls another big move! On June 1, the market may replicate the situation from April 2; will the cryptocurrency market face a new round of intense fluctuations?
This Friday, Trump suddenly announced plans to impose a 50% tariff on the EU. As soon as the news broke, U.S. stocks plummeted, and the cryptocurrency market also experienced violent fluctuations. At this critical moment, the U.S. Treasury Secretary urgently stepped in to explain, stating that this move is merely a strategy to push negotiations with the EU. Under the influence of this statement, the three major U.S. stock indices temporarily halted their decline.
The market was able to barely stabilize mainly for two reasons: on one hand, the reassuring remarks from the Treasury Secretary, and on the other hand, investors generally expect that Trump may soften his stance later. However, it is worth noting that if the 50% tariff really takes effect, the EU economy will undoubtedly suffer severe damage. Currently, the EU is already under 10% tariff pressure, and according to previous U.S. plans, tariffs will rise to 20% after the suspension period ends in July. As June 1 approaches, this date is gradually becoming the "Sword of Damocles" hanging over the global market.
Speaking of hot topics in the cryptocurrency market, recent tokens related to Trump's "hero dog" Conan have attracted a lot of attention, with rumors that they may achieve a hundredfold increase. However, I remind everyone to remain calm in the face of such news. Although this project’s community development is continuously advancing and has the natural viral spread gene of meme coins, there may be hidden risks behind it, so it’s advisable to maintain a rational wait-and-see attitude! #币圈动态 #PEPE市值超越LTC #特朗普媒体科技集团比特币财库 #比特币2025大会 #加密货币投资需谨慎
