Trump’s Tariff Tantrum Tanks Crypto: 4.3% Plunge in 24 Hours! 🚨
BREAKING: 30-year Treasury yield is now above 5%.
BREAKING: 30-year Treasury yield is now above 5%.
Meanwhile, President Trump’s tariffs are out here playing Monopoly with the world. Europe, Japan, Vietnam, and especially China are getting slapped with taxes like they’re late on rent. Chinese products? Over 100% in tariffs. At this point, trade between the U.S. and China is basically a toxic relationship. 🚩
First, 17,000,000 RLUSD rolled off the digital assembly line on March 28, followed by 50,000,000 on April 1 (no, this wasn’t a prank), and another 50,000,000 on April 2. Then, silence. Crickets. The kind of silence that makes you wonder if the minting machine decided to take a long weekend in the Bahamas.
Since the ascension of Donald Trump earlier this year, the cryptocurrency market has shed a staggering $1.5 trillion in value. With the VIX index whispering tales of more volatility, the memecoin sector, led by the ever-jovial Dogecoin, braces for yet another rollercoaster ride. 🎢
Now, Ethereum’s been flexing its muscles like it’s trying to impress at the gym. Sustainability? Upward swings? Sounds like my yoga instructor. But for real, hitting the2018 highs again since March is kind of a big deal. The weekly chart’s whispering sweet nothings about a potential reversal. Maybe it’s time for ETH to put on its big boy pants and start climbing again.