Remember the Iranian conflicts that we saw weeks ago. Why did this event trigger the decline in crypto currencies? The main reason was the rapid increase in oil price to cause major problems on inflation. Now Trump The FED to be announced hours later appeared on the stage before the interest rate decision and made statements from the minvali that is almost enough to rise in the risk markets ”.
Crypto coins fall
ETH, BTC Although the momentum is weak yet, it declined. And there are justified reasons to experience a rapid decline in the following days and hours. Trump announced in his previous statement that Russia would commission secondary sanctions if he did not agree with Ukraine within 10 days. “I decided to shorten the 50 -day period of the last day, Putin disappointed me,” he said. Now at the point we have arrived, for a terrible start to August in crypto coins Trump is preparing the environment.
“We will apply customs duties in 10 days from today. 10 days. I think of secondary sanctions against Russian oil. If I apply sanctions to Russia, I don’t worry about oil. We have a lot of oil in the USA and we will increase production further.” Crypto investors’ application – the reason will surprise you!
Oil has increased more than 5 %since the Russian threat. “Oil prices are quite low at the moment, Tr Trump signaled that he would not care.
I draw attention to these details in order to warn the increasing risk before the decline is intensified. This week we can see that volatility can be seriously volatile, and Trump’s intensified statements start to find the same tone response from Russia. The impact of tariffs on inflation is already forcing Powell to stay away from discounts, and now an increase in oil can trigger even a scenario this year, such as no interest rate reductions. This concern is in the minds of more investors in a few hours Crypto Coins Decrease we can see. But crypto is full of surprises and BTC maybe challenge chaos? We will live and see.
Information: What are secondary sanctions? What Trump is talking about secondary sanctions against Russia contains 100 %or more tariff threat to countries that receive petroleum products. This is Chinese with recipe It means that the agreement has no use because Russia is the largest oil customer in China.
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.