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 […]
Tag: China
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 […]
By Emir Abyazov U.S. President Donald Trump announced worldwide retaliatory trade tariffs, causing Bitcoin to plummet. Following the announcement of a new round of trade war, the Bitcoin exchange rate fell by 7.15%. BTC/USDT 4-hour chart. Source: TradingView Charles Edwards, founder of Bitcoin fund Capriole Investments, wonders when the U.S. will start printing money, pointing […]