#TrumpNewTariffs Bitcoin between the hammer of the "Supreme Court" and the anvil of "Article 122" ⚖️📉
We witnessed an economic earthquake in the past hours with the activation of the hashtag #TrumpNewTariffs. After the Supreme Court's decision to overturn previous tariffs, President Trump has returned to use "Article 122" of the Trade Law to impose a 15% tariff (the legal maximum) for a period of 150 days.
How does the crypto market react? ₿
1️⃣ Sharp volatility: Bitcoin struggles to stay above $68,000 amid a "risk-off" environment dominating global markets.
2️⃣ Bitcoin miners under pressure: Rising costs of importing mining equipment may raise the "cost price" of the cryptocurrency, putting pressure on the profit margins of major companies.
3️⃣ Opportunity or trap? Analysts see that the MVRV indicator suggests entering an "opportunity" zone, where some consider the current decline a "healthy correction" before an inflationary wave that may drive investors to hedge with digital gold.
Markets dislike uncertainty, and the next 150 days will be a real test for the resilience of digital assets against trade wars.
Do you think Bitcoin will succeed in crossing the $70,000 barrier before the temporary tariffs expire? 👇
#TrumpNewTariffs #Bitcoin #Crypto #Trump #Economy #Global_Trade #bitcoin
We witnessed an economic earthquake in the past hours with the activation of the hashtag #TrumpNewTariffs. After the Supreme Court's decision to overturn previous tariffs, President Trump has returned to use "Article 122" of the Trade Law to impose a 15% tariff (the legal maximum) for a period of 150 days.
How does the crypto market react? ₿
1️⃣ Sharp volatility: Bitcoin struggles to stay above $68,000 amid a "risk-off" environment dominating global markets.
2️⃣ Bitcoin miners under pressure: Rising costs of importing mining equipment may raise the "cost price" of the cryptocurrency, putting pressure on the profit margins of major companies.
3️⃣ Opportunity or trap? Analysts see that the MVRV indicator suggests entering an "opportunity" zone, where some consider the current decline a "healthy correction" before an inflationary wave that may drive investors to hedge with digital gold.
Markets dislike uncertainty, and the next 150 days will be a real test for the resilience of digital assets against trade wars.
Do you think Bitcoin will succeed in crossing the $70,000 barrier before the temporary tariffs expire? 👇
#TrumpNewTariffs #Bitcoin #Crypto #Trump #Economy #Global_Trade #bitcoin