Increasingly, weekends or days before weekends determine the market direction.
Trump does not let us rest, and we need to keep our finger on the pulse.
Political statements, especially from influential figures such as U.S. President Donald Trump, can have a serious impact on market sentiment. A recent example is his statement that China violated the trade agreement with the United States. This caused a sharp drop in the price of Bitcoin below $105,000, as well as a decline in most altcoins by 4-6%.
In addition, Trump announced plans to increase import duties on steel and aluminum in the U.S. from the current 25% to 50%. According to him, the new tariffs are set to take effect on Wednesday, June 4, 2025.
