return2ozma@lemmy.world to News@lemmy.world · 1 month 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 · 1 month agomessage-square24fedilink
minus-squareDogyote@slrpnk.netlinkfedilinkarrow-up2·1 month 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-up1·1 month 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