That old Trump is causing trouble again, saying he wants to raise tariffs to 300%, and this time it’s targeting semiconductors, clearly aimed at China.
Think about it, 68% of the world's semiconductor production capacity is in China, especially in high-purity silicon, where we indeed hold a significant share, but this production relies on photolithography machines. So as long as the talks between China and the U.S. are not resolved, this tariff issue is like a ticking time bomb, you never know when it might explode.
Why did I sell my Bitcoin at 117350 this morning? It just felt off — that rebound looked weak, and even if it barely went up, it probably would just come back down. In times like this, it’s better to take profits than to get stuck. $BTC #WalletConnect @WalletConnect $WCT