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WHY DID BTC AND CRYPTO CRASH?
JUST LIKE THE LAST MONTH, THIS TIME THE TARIFF FUD HAS HIT THE MARKET AGAIN.
TODAY, PRESIDENT TRUMP ANNOUNCED THAT THE US WILL MOVE FORWARD WITH 25% TARIFF ON CANADA AND MEXICO.
HIGH TARIFFS ON FOREIGN COUNTRIES WILL RESULT IN HIGH COST FOR AMERICAN CITIZENS WHICH WILL MAKE CPI GO HIGHER.
AND AS WE ALL KNOW HIGH CPI MEANS LOW RATE CUTS AND HAWKISH FED, SO THE MARKET IS DUMPING RIGHT NOW.
I THINK JUST LIKE THE LAST TIME, THERE'LL BE SOME NEGOTIATIONS AGAIN AND THE MARKET WILL GO BACK UP