The average U.S. tariff on Chinese goods are now an unprecedented 76% or higher, depending on specific categories. China didn't blink, therefore assets including bitcoin will continue to be volatile #bitcoin #china # trump
Trumps additional 50% tariff on Chinese goods if China didn’t retract its 34% tariff by April 8, 2025, noon EST (April 9,4:00 AM NZST). If implemented, this would raise the total U.S.tariff on Chinese imports to 104% (54% + 50%), effective April 9, 2025. Great time to buy bitcoin #bitcoin #trump
It will be interesting what the markets do tomorrow. Could do a V shape. Snag low 70s. Very little liquidity down there. Most of the longs have been flushed out by this drop. ₿ 🚀