Trump's tariffs shake markets and crypto
On August 1st, Trump imposed tariffs of 10% to 50% on over 60 countries, particularly affecting Brazil 🇧🇷, Canada 🇨🇦, and India 🇮🇳. Bitcoin fell approximately 3.2%, trading near USD 113,826, which represents a cumulative decline of around 6% from its previous record of USD 122,000. Ethereum dropped about 2.5%, settling at approximately USD 3,525. Despite the hit, institutional inflow and refuge in stablecoins like USDT were observed. The expectation now centers on whether the Fed will respond with a rate cut. Conclusion: The new tariffs are a clear signal of political risk in the markets. Stocks fell,
Conclusion
Bitcoin corrected, and uncertainty grew. Diversification and active tracking are key in this volatile environment. $ETH $BTC
#BTC #wallstreet #EstadosUnidos #noticiasdelmercado #Write2Earn