⚠️Trump strikes again! On June 1, the market may replicate the April 2 trend; will the cryptocurrency space face a new round of severe volatility?
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 significant fluctuations. At this critical moment, the U.S. Treasury Secretary urgently stepped forward 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 barely able to stabilize primarily due to two factors: on one hand, the comforting remarks from the Treasury Secretary; on the other hand, investors generally expect Trump to possibly soften his stance later. However, it is worth noting that if a 50% tariff is indeed implemented, the EU economy will undoubtedly suffer severe damage. Currently, the EU is already under the pressure of a 10% tariff, and according to the previous U.S. plan, after the suspension period ends in July, the tariff will be raised to 20%. 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 space, recently Trump's "hero dog" Conan-related tokens have gained significant attention, with even rumors of a potential hundredfold increase in value. However, I remind everyone to remain calm in the face of such news. Although the community building for this project is ongoing and it has the natural viral spread of a meme coin, there may be hidden risks behind it, and it is advised to maintain a rational wait-and-see approach! #币圈动态 #PEPE市值超越LTC #PEPE市值超越LTC #比特币2025大会 #加密货币投资需谨慎
