Tariffs suddenly drop by 20%! Indian hot money is set to sweep BTC tonight! $120,000 is just the starting point?
Brothers, big news! The two giants, the U.S. and India, have recently been secretly discussing business, and it is rumored that the U.S. will lower tariffs on Indian goods, possibly below 20%! The news sounds quite official, but those of us trading crypto need to see through the 'crypto money scent' behind this! I've been pondering this for a while, and this matter is undoubtedly a big bombshell for the crypto market!
Why is this a huge benefit? Lao Zhao will clarify for you:
1. Indians have more money and want to escape more! With tariffs lowered, Indian business owners are making more profit selling to the U.S., so they definitely have more rupees on hand. But brothers, inflation in India is no joke! With more money in hand, their first reaction isn't to save it in the bank but to quickly exchange it for something more stable! What’s stable? Besides gold, it’s hard currencies like Bitcoin and Ethereum! Also, **USDT and USDC, these dollar-pegged stablecoins, will bring peace of mind! The buying demand will definitely surge!