🌐 BRICS vs. Trump: The new geoeconomic tension
During the BRICS summit held in Brazil, U.S. President Donald Trump announced trade tariffs against countries aligned with the bloc. The measure was interpreted as a direct response to the de-dollarization initiatives and the strengthening of alternative currencies promoted by Brazil, Russia, India, China, and South Africa.
Trump stated that any country adopting "anti-American policies" will be taxed up to 50%, with a focus on Brazil, which may face tariffs on steel and agricultural products.
🪙 Favored cryptocurrencies: BTC, ETH, XRP, and SOL
Amid the escalating tariffs, the crypto market reacted with volatility but also with strategic movements:
- Bitcoin (BTC): Seen as a digital reserve, it gained strength as protection against geopolitical instability.
- Ethereum (ETH): Favored by managers seeking diversification in digital assets, especially with ETFs in the U.S.
- Solana (SOL): Gained prominence for its agile infrastructure and low cost, attracting institutional investors.
- XRP: Benefited from its use in international transactions and partnerships with banks and tokenization platforms.
🏦 Banks and strategic reserves
Trump's stance signals a possible institutional adoption of cryptocurrencies:
- American banks are buying crypto assets as a form of strategic reserve.
- Companies like Metaplanet and MicroStrategy have increased their positions in Bitcoin.
- Ripple, issuer of XRP, partnered with Mercado Bitcoin to tokenize real assets in Brazil.
#BTCBreaksATH #BinanceSquareTalks #ShariaEarn
⚖️ Impacts and perspectives
| Factor | Positive Effect | Negative Effect |
|------|------------------|------------------|
| Tariff policy | Stimulus for the adoption of crypto as a reserve | Volatility and regulatory uncertainty |
| BRICS | Strengthening of the pro-decentralization narrative | Risk of trade sanctions |
| Cryptocurrencies | Greater institutional legitimacy
