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- π Trump Tanks Markets (Again)
π Trump Tanks Markets (Again)
Hey crypto trailblazer, π
Buckle up! Trump's tariff tornado and geopolitical threats are shaking markets more than a whale dumping their bags. Let's dive into what's moving crypto this week.
π Trump's "Liberation Day" Tariffs Create Uncertainty
"Liberation Day" arrives April 2nd, when Trump unveils his "reciprocal tariffs" targeting what Treasury Secretary Bessent calls the "Dirty 15" β countries with high trade barriers against the U.S.
Trump recently confirmed these tariffs will target ALL trading partners, not just a select few. Markets are on edge with Bitcoin holding around $82K β showing resilience but still well below its recent $109K high.
π£Geopolitical Bombshell: Trump Threatens Iran
Adding fuel to the fire, Trump threatened Iran with bombing "the likes of which they have never seen before" if Tehran doesn't reach a nuclear deal. Iran's Supreme Leader Khamenei responded with warnings of a "strong reciprocal blow" against any U.S. aggression.
This escalation comes just weeks after Trump ordered strikes on Iran-backed Houthi rebels in Yemen. The uncertainty has traders seeking safe havens, with gold hitting record highs while crypto remains cautious.
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π Trade War Jitters & Inflation Concerns
Wall Street is showing stagflation fears as Trump's trade policies rattle markets. A JPMorgan survey found 51% of institutional clients expect inflation and tariffs to dominate global markets in 2025.
If implemented as threatened, the tariffs could add significant inflationary pressure, potentially delaying Fed rate cuts. However, Powell has described tariff-led inflation as "transitory," indicating the Fed still plans two cuts this year β potentially bullish for crypto mid-term.
Stay epic,
Epic Crypto News Team
DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.
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