💥 Trump raises the stakes with tariffs! 🌎
Trump dropped the bomb: 10% tariffs on everyone, 30% on Mexico and the EU, and up to 245% on China starting August 1st. 😵 How does this affect #Cryptos? I'll explain it simply!
1️⃣ Markets in chaos: The tariffs shook Wall Street (-0.79% in the S&P 500) and the dollar fell by 10%. If the economy goes crazy, #BTC and #ETH could shine as a safe haven. 🚀
2️⃣ Inflation on the horizon: With the tariffs, everything is more expensive (even Mexican tomatoes went up!). If inflation in the U.S. rises (June: 2.7%), people might dive deeper into #DeFi like #AAVE or #UNI to protect their money. 💸
3️⃣ Stronger cryptos: If the dollar remains weak, tokens like #SOL could rise as investors seek alternatives. But watch out! Memecoins like #DOGE could suffer if market fear grows. 😬
⚠️ Be careful: Trump changes his mind all the time (raises tariffs, pauses them, raises them again). Don't trust rumors and check official news! 📰
💬 Do you think #BTC will skyrocket or is it better to go for #DeFi? Share your opinion and vote on Binance Square! 🗳️
#Crypto #Tariffs #Trump #Binance
