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US vs China Trade War: Its Effects on Crypto, Seriously?!
Two economic giants of the world are in a trade dispute. Import tariffs are rising, politics are heated, and the stock market is anxious. But, did you know that crypto can actually benefit from this?
1. The World Shakes, Crypto Soars
Every time the global economy is unstable, many investors rush to find a 'safe' place. Well, crypto—especially Bitcoin—is often seen as an alternative. Digital assets become a lifesaver!
2. Yuan Weakens, People Turn to Crypto
China recently devalued the yuan. Many people started looking for ways to protect the value of their money. One of the answers? Crypto. Platforms like Binance have become a safe and practical refuge.
1. The World Shakes, Crypto Soars
Every time the global economy is unstable, many investors rush to find a 'safe' place. Well, crypto—especially Bitcoin—is often seen as an alternative. Digital assets become a lifesaver!
2. Yuan Weakens, People Turn to Crypto
China recently devalued the yuan. Many people started looking for ways to protect the value of their money. One of the answers? Crypto. Platforms like Binance have become a safe and practical refuge.
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TRUMP ENDS US-CANADA TRADE NEGOTIATIONS President Trump ended all US-Canada trade negotiations on October 24, accusing Ottawa of unfair market practices following an advertising campaign citing Reagan's free trade ideals. This move, related to a Supreme Court case on reciprocal tariffs, increases volatility risks for CAD/USD and commodities. Markets recall similar tensions in USMCA when the loonie dropped by 3% amid tariff disputes. #PerangDagang #USCanada
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