Trump's tariff delay by a week has directly caused chaos in the cryptocurrency market! This move is like throwing a 'super shock bomb' into the crypto space, intensifying the long and short market battle, and the market is going wild!
The tariff weapon was supposed to take effect this Friday, but it has been dragged out to August 7, effectively giving the global market another week of 'heartbeat games'! It's important to note that once the tariffs are implemented, global trade costs will skyrocket, economic uncertainty will explode, and funds will definitely panic—at this time, Bitcoin, as a 'digital safe haven,' will likely be frantically sought after, making BTC highly desirable, and the bullish sentiment will be full! Conversely, if the traditional financial market collapses due to the tariffs, retail investors will rush to cash out, and altcoins will surely be the first to be devastated, leading to a bearish situation!
Even more incredibly, Bitcoin mining in the U.S. is directly backstabbed by the tariffs (the surge in mining machine prices is already here), mining costs are soaring, and if hash power collapses, BTC will also suffer silently... One can only say that Trump's 'delay kill' strategy has pushed the long and short battle in the crypto space to the extreme, and the market is definitely going to experience a 'crazy roller coaster'! Now everyone in the crypto space is focused on August 7; before the policy is implemented, the volatility could give people a concussion, and long and short positions could explode at any moment! I advise everyone not to gamble, keep a close eye on the news, otherwise, when the market takes a sharp turn, you might lose your pants!
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