return2ozma@lemmy.world to News@lemmy.world · 7 days agoTrump’s new 100% tariffs on China triggered a $19 billion crypto sell-offwww.cnn.comexternal-linkmessage-square24fedilinkarrow-up1243arrow-down12
arrow-up1241arrow-down1external-linkTrump’s new 100% tariffs on China triggered a $19 billion crypto sell-offwww.cnn.comreturn2ozma@lemmy.world to News@lemmy.world · 7 days agomessage-square24fedilink
minus-squareDogyote@slrpnk.netlinkfedilinkarrow-up2·7 days 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-up1·7 days 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