BTC, which moved away from the daily summit, fell approximately 3 thousand dollars and Eth 3 thousand dollars on the limit. Trump’s statements brought some sales, and that’s why. Although the day starts well, Trump’s nature -filled nature creates a multiplier effect for the volatility in crypto currencies. So what’s going on?
Why do crypto coins fall?
BTC It declined to $ 120,000, and this decline came with Trump’s Russian threat. The price is relative in crypto currencies, so it is exciting until 120 thousand dollars is overcome, but after being overcome, the decline is morale. Trump threatens Russia with 100 %secondary taxes. In other words, he talks about his plan to strangle him financially with 100 %tax to countries doing business with Russia, except for those who are directly implemented to Russia.
“I am not satisfied with Russia. If there is no agreement within 50 days, Russia will apply heavy customs duties. 100 %secondary customs duties.
Today we made an agreement on sending weapons to Ukraine. Trade is a great tool to end wars. ”
When Trump said these, the President of Mexico Sheinbaum made the threat of retaliation;
“Mexico also has a plan for customs duties.
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.