By Emir Abyazov “Emancipation Day”: Donald Trump announces new duties US President Donald Trump announced new duties for trading partners, while Bitcoin has fallen below $85,000. There is a 10% minimum for all countries, which will go into effect on April 5. For a number of partners, “reciprocal tariffs” will be imposed at about half […]
Tag: China
By admin China has announced a sweeping 34% tariff on all U.S. imports starting April 10th, directly countering Trump’s April 2nd reciprocal tariff declaration Bitcoin briefly touched $84,000 before retreating below $82,000 following China’s retaliatory announcement The U.S. Dollar Index (DXY) experienced a significant 2% decline, reflecting damaged investor confidence Recession prediction markets show alarming […]
By Wayne Jones BitMEX co-founder Arthur Hayes believes the economic chaos triggered by U.S. President Donald Trump’s sweeping tariffs will inevitably lead to a monetary easing cycle, which, in his view, will act as rocket fuel for Bitcoin (BTC). With digital asset markets struggling to stabilize, the crypto enthusiast is doubling down on his prediction […]