By Sebastian Villafuerte After plunging over 30% from its all-time high and briefly dropping below $75,000, Bitcoin is showing signs of recovery. The broader crypto market rebounded sharply this week, helped by a 90-day pause on reciprocal tariffs announced by US President Donald Trump for all countries except China, which remains under a 125% tariff. […]
Tag: China
By Jordan Lyanchev US President Donald Trump made some big moves on the Trade War scene that he started, which led to substantial volatility in the cryptocurrency markets all week. Let’s unpack. After last week’s ‘Liberation Day,’ in which the POTUS announced taxes on all countries of at least 10%, while many big partners got […]
By Emir Abyazov The dominant topic in recent weeks has been Trump’s new tariffs on imports to the US, which initially caused investor panic and market crashes. Eventually, the president suspended the tariffs for many countries for 90 days but maintained them for China, even increasing the rate to 145 percent. Despite the earlier panic […]