๐ก China steps on the gas... or rather, stops buying it from the US
โ Amid the escalation of the trade war, China has sharply reduced its imports of American energy products, except for oil:
โข Gas: -44%, to $720 million
โข Coal: 3.1 times less, to $30.8 million
โข Oil products: 3.2 times less, to $11.6 million
โ But oil, on the contrary, grew by 22% โ to $326.2 million.
What does this mean for the crypto market?
โ Geopolitical tensions and energy balances affect investor sentiment and market volatility.
โ With unstable supplies, interest in decentralized assets, including BTC, is growing.
๐ก Subscribe โ we analyze news that influence the market, even if it is not directly about crypto
#bitcoin #crypto #chinausa #energyconflict #BTC $ETH $SOL $XRP