return2ozma@lemmy.world to News@lemmy.world · 2 months agoTrump’s new 100% tariffs on China triggered a $19 billion crypto sell-offwww.cnn.comexternal-linkmessage-square24fedilinkarrow-up1240arrow-down12
arrow-up1238arrow-down1external-linkTrump’s new 100% tariffs on China triggered a $19 billion crypto sell-offwww.cnn.comreturn2ozma@lemmy.world to News@lemmy.world · 2 months agomessage-square24fedilink
minus-squareDogyote@slrpnk.netlinkfedilinkarrow-up2·2 months agoWhy would tariffs make crypto tank? Why not the opposite? How’d that person who shorted bitcoin know it would drop? Maybe they didn’t, but it was quite the bet if they didn’t know.
minus-squareiglou@programming.devlinkfedilinkarrow-up1·2 months agoBecause the crypto market overreacts, always
Why would tariffs make crypto tank? Why not the opposite? How’d that person who shorted bitcoin know it would drop? Maybe they didn’t, but it was quite the bet if they didn’t know.
Because the crypto market overreacts, always