๐จ Breaking News ๐จ
President Trump has announced new tariffs:
๐ฎ๐ถ Iraq: 30%
๐ฑ๐พ Libya: 30%
๐ง๐ณ Brunei: 25%
๐ฉ๐ฟ Algeria: 30%
๐ฒ๐ฉ Moldova: 25%
๐ต๐ญ Philippines: 20%
These tariffs are set to take effect on August 1, 2025, unless trade agreements are reached before then.
As for your observation:
> "I don't understand one thing. Why do every bad thing start to happen once ETH outperforms BTC?"
It's an intriguing coincidence. Ethereum (ETH) has been outperforming Bitcoin (BTC) recently, with ETH up over 2.5% since the start of July compared to BTC's 1.2% gain. This outperformance can signal a shift in market dynamics, often referred to as "altcoin season," where alternative cryptocurrencies gain momentum.
However, attributing geopolitical events, like the announcement of tariffs, directly to cryptocurrency market movements is speculative. While market sentiment can be influenced by global events, it's essential to consider each occurrence within