Trump's Tariffs: The Unexpected Catalyst for a Major Crypto Crash

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(Edited)

We just had a reformation celebration. While dining, a colleague shared with me his regrets for taking a token for granted that I shared four years ago. Now, he has started studying cryptocurrency. He added that an acquaintance lost millions in crypto because of Trump's tariff wars. I was at a loss following his story, for such news did not come to my attention. He also had difficulty explaining the details. All he knew was that the man's loss was connected to Trump's tariff.

After the event, when I went back home, and while watching a Netflix series, I had the time to check the connection between Trump's tariff and the negative impact of such imposition on imports from China on cryptocurrency. This article answered my curiosity.

Posted using SoMee



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3 comments
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That’s really interesting! It’s amazing how global events like tariffs can affect crypto markets in unexpected ways. Thanks for sharing your insights! 💡

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I also didn't get it at first, not until I read that article.

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Same here! That article really helped connect the dots, interesting how tariffs can ripple into crypto 👀📉

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