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🚨 What Was Supposed to Be a Calm Fed Day Just Escalated Into Global Economic Shock 🌍📉
Here’s what went down — and why August 1 could shake the entire market 👇
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🔹 Q2 GDP came in strong at +3%..
🔹 The Fed held interest rates steady..
🔹 Powell said: “Tariff-driven inflation is just getting started… we’re staying patient”..
At that point, everything looked stable…
Then Trump grabbed the mic — and turned the day upside down 🎤🔥..
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🇧🇷 40% Tariff on Brazil
🔌 50% Tariff on All Semi-Finished Copper Imports..
🇰🇷 $350B Trade Deal with South Korea (includes $100B LNG + 15% tariffs)..
🇮🇳 25% Tariff on India over its Russia ties..
⚠️ Called Russia & India “dead economies”
🧱 Called BRICS a direct threat to the U.S. dollar..
🐉 Hinted at a MAJOR China deal incoming
..
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👉 What started as a boring Fed day just turned into a global trade war preview.
Markets are watching.
Currencies are shaking.
And August 1 is now critical for global reaction. 📆🌐
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🔥 Stay tuned. This is far from over.
#Markets #TradeWar #Fed #BRICS #USD

Key Takeaways:
Bitcoin fell to $114,250, its lowest level since June 11, after Trump’s tariff order rattled global markets.
$630 million in crypto liquidations hit traders in 24 hours, mostly long positions.
Analysts see the dip as a temporary correction, but warn further downside to $111K support is possible.
Bitcoin Slides to 3-Week Low
Bitcoin (BTC $115,590) dropped to $114,250 during early Asian trading on Friday, its lowest level in three weeks, after U.S. President Donald Trump signed an executive order imposing new trade tariffs.
The move broke BTC out of its three-week range-bound channel. Analysts warn that if Bitcoin fails to rebound, the next major support zone is around $111,000.
Today’s 2.6% decline leaves Bitcoin 6.5% below its $122,800 all-time high from July 14
$630M in Liquidations
Data from CoinGlass shows that:
158,000 traders were liquidated in the past 24 hours
Total liquidations reached $630 million, mostly from long positions
Roughly $110 billion exited spot crypto markets in just 12 hours before Trump’s announcement, indicating that traders were already cutting risk ahead of the tariff deadline.
Trump’s Tariff Shock
Trump’s executive order locked in weeks of tariff threats, including:
Raising tariffs on Canada from 25% to 35%
Setting new rates for countries like South Africa, Switzerland, Taiwan and Thailand (19%–39%)
He also formalized trade agreements with the EU, Japan, South Korea and the UK.
The tariff escalation triggered a sell-off in Asian equities and crypto markets on Friday.

Analysts: Correction, Not Collapse
Henrik Andersson, CIO of Apollo Capital, said:
“Combined with the uncertainty over tariffs, it is natural to see some profit-taking after a very strong run in both equities and crypto markets. If a deal with China can be made, it would remove a lot of the current uncertainty.”
Nick Ruck of LVRG Research added:
“This week’s market dip reflects a mix of tariff deadline fear and broader macroeconomic uncertainty. While tariffs contributed to the pullback, the dump was likely exacerbated by profit-taking after recent ATHs and lingering geopolitical tensions.”
July Closed With Record Monthly Candle
Despite Friday’s sell-off, July still marked Bitcoin’s highest monthly close ever at $115,784.
All-time high: $122,800 (July 14)
Largest monthly candle remains November 2024, when BTC surged $26,000 in one month after Trump’s election victory, according to Cointelegraph.#Binance #WhiteHouseDigitalAssetReport #BTC #MarketPullback

Pakistan and El Salvador Forge Crypto Partnership to Enhance Digital Asset Regulation
According to ShibDaily, Pakistan and El Salvador have officially established diplomatic relations with a focus on cryptocurrency collaboration, marking a significant bilateral partnership centered on digital assets. This move follows recent high-level discussions between the two nations aimed at advancing shared interests in blockchain technology and financial innovation. The partnership was formalized during a meeting in San Salvador between El Salvador’s President Nayib Bukele and Bilal Bin Saqib, the special assistant to Pakistan’s prime minister on crypto and blockchain. The discussions reportedly focused on exchanging expertise in digital asset infrastructure and policymaking, as Pakistan moves toward establishing a regulated framework for its crypto markets.
In June, Pakistan announced the allocation of 2,000 megawatts of electricity to support #Bitcoin mining and artificial intelligence (AI) data centers, a decision that drew concerns from the International Monetary Fund (IMF). Saqib stated that this initiative is expected to attract interest from independent cryptocurrency miners, technology companies, and blockchain firms looking to invest in Pakistan. Meanwhile, El Salvador has maintained a strong pro-Bitcoin stance since adopting the cryptocurrency as legal tender in 2021, currently holding an estimated 6,240 Bitcoins in its reserves. As emerging economies like Pakistan and El Salvador strengthen their cooperation around Bitcoin and crypto regulation, it underscores a broader global trend toward embracing digital assets as legitimate financial instruments.
This growing acceptance opens up new opportunities for ecosystems like Shiba Inu, with Shibarium’s Layer 2 platform well-positioned to capture new users and liquidity from these markets actively adopting and innovating in crypto technology. Moreover, the collaboration between these countries highlights the necessity of clear, consistent regulatory frameworks to support sustainable growth in the digital asset space. For Shibarium’s developers, this serves as an important example of how establishing transparent policies can foster trust, encourage institutional and retail participation, and enable secure decentralized finance (DeFi) solutions. By learning from these international regulatory efforts, Shibarium can continue to build infrastructure that not only meets compliance standards but also drives global adoption and strengthens the resilience of the Shiba Inu ecosystem.
#BTC #IMF #Al #shiba⚡