I. Death Spiral: How Tariff Nuclear Bombs Tear Apart the Crypto Market
1. Global Trade War Escalates, Crypto Sector Becomes Collateral Damage
Trump swings the tariff club at the EU (threatening 50% tariffs), China (already imposed 10%), Japan (15%), and other major economies, instantly igniting global market panic. The dollar index soared to a historic high of 107.5, risk assets were indiscriminately sold off. Bitcoin, as the most liquid crypto asset, was the first to suffer, plummeting 5% in a day to break the critical support of $83,000, with Ethereum plunging 4% simultaneously. The total liquidation amount across the network reached $930 million, of which long positions accounted for 72%—retail investors were left bleeding!
2. Political Tokens Collapse: Death List of XRP, SOL, ADA
Even scarier dark secrets are fermenting in the shadows! The 'Token Reserve Plan' pushed by Trump's team was exposed for serious opaque operations:
XRP (entangled in SEC litigation), ADA (ecological stagnation) are being fiercely criticized by the community as 'political donation returns', with on-chain data showing associated addresses concentrated buying before the policy release, suspected insider trading.
Although SOL was selected for its high-performance narrative, the SEC has launched an investigation, a new wave of litigation is brewing.
These coins have retraced over 30% from their highs, resulting in an $80 billion market cap evaporation, becoming sacrifices in the political game!
II. Shocking Dark Secrets: Trump's Crypto Harvesting Plan
1. Political Manipulation and Capital Hunting
Trump threatens tariffs while hosting TRON founder Justin Sun and other crypto giants at a lavish dinner. His holding of the $TRUMP meme coin surged to $16 after the dinner, then crashed to $13.81, a blatant 'harvesting' act! Federal lawmakers have called for an investigation into the president's conflicts of interest with crypto companies.
2. Regulatory Strangulation Follows
The SEC took advantage of the chaos! Announced an investigation into the compliance of the reserve plan, focusing on 'Trump-related tokens' like XRP and SOL. More critically, Grayscale's GBTC saw a $420 million outflow in a single day, and BlackRock urgently suspended purchases of crypto index funds—institutions are collectively fleeing!
III. Survival: The Bloody Get-Rich Code
1. Safe-Haven Assets Emerge
As panic spreads, smart money has quietly adjusted their positions:
On-chain transaction volume of stablecoins surged to $72 billion in a day, with daily active addresses exceeding 300,000, reaching a new high since February.
The trading volume of tokenized gold PAXG surged by 900%, XAUT increased by 300%, and KAU's weekly trading volume exceeded $1 billion.
RWA sector shows remarkable resilience, only dropping 3.1% after tariffs were imposed, far less than other crypto assets (generally over 10%)
2. Epic Rebound Signals Emerge!
Trump suddenly announced a delay in EU tariffs until August 9, causing Bitcoin to rebound to $109,000! The options market saw a $500 million bet on Bitcoin reaching $120,000 by the end of July. Crypto fund Merkle Tree Capital’s investment director Ryan McMillin stated, 'With the global money supply surging, Bitcoin will replicate gold's trend, aiming for $120,000!'
Old Zhu Summarizes:
Trump's statement 'Global Taxation of 15%-50%' caused Bitcoin to plunge 5% immediately, breaking $83,000, with $1.2 billion in funds panic selling, resulting in a total liquidation of $930 million (72% were long positions, retail investors became the collateral damage). This scene feels familiar—back in February, when he imposed a 25% tax on Canada and Mexico, Bitcoin plummeted 8.7% in one day, with $3.2 billion in whale funds fleeing overnight.
Political Tokens Collapse: XRP, SOL, ADA Become 'Victim Zone'
Trump's Team Pushes 'Token Reserve Plan' Exposed for Dark Secrets:XRP (entangled in SEC litigation), ADA (ecological stagnation) are being criticized by the community as 'political donation tools'. On-chain data shows a concentrated buying of addresses before the policy release, suspected insider trading.
SOLAlthough selected for its performance narrative, the SEC has launched an investigation, causing a 30% market cap drop.80 billion19.
Old Zhu's Opinion: Is this really a technical selection of coins? Clearly, it's a chip for power harvesting!
Politicians have their guns aimed at trade, but the bullets pierce the crypto sector—remember, the true value of blockchain shines in chaotic times! Follow Old Zhu for first-hand news and in-depth analysis!
