🚨 Trump announced today that tariffs will be increased: starting August 1, a 25% tariff will be imposed on Japan, South Korea, Malaysia, and Kazakhstan; a 30% tariff on South Africa; and a 40% tariff on Laos and Myanmar; he also plans to impose an additional 10% tariff on BRICS, triggering a global market sell-off.
🌐 Macroeconomic shocks transmitted to the crypto market: The US tech sector has plunged, risk assets are generally declining, and liquidity has significantly retracted. Bitcoin and Ethereum are experiencing short-term fluctuations, testing key support levels. The battle between bulls and bears intensifies, and funds may shift from "US stocks + gold" to crypto as a hedging combination.
🔍 Summary: The escalation of tariffs further disrupts the global economy, potentially exacerbating inflation and interest rate uncertainty. The crypto market may face short-term pressure, but there is still a safe-haven logic supporting it in the medium to long term.
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[Crypto world News / Crypto world Observation]
🚨 Trump announced today that tariffs will be increased: starting August 1, a 25% tariff will be imposed on Japan, South Korea, Malaysia, and Kazakhstan; a 30% tariff on South Africa; and a 40% tariff on Laos and Myanmar; he also plans to impose an additional 10% tariff on BRICS, triggering a global market sell-off.
🌐 Macroeconomic shocks transmitted to the crypto market:
The US tech sector has plunged, risk assets are generally declining, and liquidity has significantly retracted.
Bitcoin and Ethereum are experiencing short-term fluctuations, testing key support levels.
The battle between bulls and bears intensifies, and funds may shift from "US stocks + gold" to crypto as a hedging combination.
🔍 Summary: The escalation of tariffs further disrupts the global economy, potentially exacerbating inflation and interest rate uncertainty. The crypto market may face short-term pressure, but there is still a safe-haven logic supporting it in the medium to long term.