On the first day of August, the cryptocurrency market opened with a bang. Just yesterday, it was said that it wouldn't drop below 115K, and by dawn, it showed you otherwise. Thank you, old Trump.

The King of Understanding @realDonaldTrump announced that the reciprocal tariff rates range from 10% to 41%, the highest level since World War II.

The good news is that there is a seven-day window before the new tariffs are implemented, allowing some countries time for further negotiations to lower their tariff levels.