First of all, we can see such short breaks after every rise. However, the reason for today’s decline is different. Crypto money markets, which seem to be unconcerned and unconcerned, have to make intermediate corrections at least. Especially after Trump’s latest statements, the risk became even more evident.
Decrease in subcoins and reason
Donald Trump About 20 minutes ago, “If a country agrees to open the market, I will reduce customs duties. Otherwise, much higher customs duties will be applied,” he said. Japan and Vietnam did this. Indonesia also did and Trump says the world should do so to avoid high tax rates. This is not possible for the EU and others.
Crypto investors’ application – the reason will surprise you!
The price of ETH landed below $ 3,600 at the time of the article and lingering in this region. The Fed will announce the interest rate decision next week and the tariffs will be activated on 1 August. In other words, there is a little time left for the days when we will face the uncertainty. Crypto Coins As he has been rising steadily for days, he may now be falling because he remembers this truth. Trump’s statement, “There are high taxes for those who do not open the market, indicates that the US is not in favor of much compromise.
PowellNot to mention what was done to. Trump, who made his best to resign, has not yet convinced the FED president. Inflation does not fall and there is no interest rate reduction even in September, while there is a risk of increasing the rate of increase in the midst of concerns about tariffs. This points to our potential to see a greater decline in crypto currencies. However Crypto Coins It is full of surprises and can move in the opposite direction in this period of crisis.
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.
