Bitcoin $89,051.77 price The article continued to make new bottoms at the time of being prepared and the losses increased. The reason for the fall is clear and clear. Trump Crypto Coins Although it seems extremely supportive at the beginning, its policies began to have destructive consequences.
Why do crypto coins fall?
Trump In advance, 25 %additional customs duties for the European Union will soon enter into force. The estimates are that this additional tax will be activated in April. On top of that, the threat of retaliation in relation to digital tax policies continues. With AFP sources, the European Union said that after Trump statements about 1 hour ago, he would give a harsh and quick response.
“The EU will react harshly to the US customs duties – AFP is based on a source from the European Commission.”
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This is a chaos. While the EU probably decides to retaliate at similar rates, the price of many goods going to the US will increase to a huge extent. Inflation has already increased due to expectation, even when additional taxes have not yet been activated. Moreover, Trump does not declare war on a single front Chinese Bandrollü, for all containers from China, offers up to $ 1.5 million in case of approaching their ports for additional wages.
Trump initially seemed to be talking on the upper screen to sit strongly on the table. However, at the point we have reached today, it is almost a madman to demonstrate its determination and to convince other countries and economic regions to its own conditions. In the scenario that he will consent to death and malaria (his advisors said that this would be the case) Trump is about to bring his rivals to the brink of economic death.
At the end of the article BTC The daily bottom made at $ 82,500 for now and this is the last powerful support point. If this area is lost, no one can say that no one can at risk of a larger correction up to $ 75 thousand.
When Trump finds the middle way at some point, the markets will recover, but it may not be so easy to compensate for the negative contribution and risk markets to inflation.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
