r/CryptoCurrency 🟧 0 / 0 🦠 1d ago

🟢 GENERAL-NEWS As stock markets reel from Trump tariffs, Bitcoin holds steady

https://cryptoslate.com/as-stock-markets-reel-from-tariffs-bitcoin-holds-steady/
56 Upvotes

22 comments sorted by

8

u/RepublicStandard1446 🟩 0 / 0 🦠 9h ago

And.... it's gone

9

u/AgitatedDragonfly769 🟩 0 / 0 🦠 1d ago

Let's not jinx yet lads

4

u/Fine_Employment_3364 🟦 1 / 2 🦠 1d ago

Bitcoin dropped on the news of the tariffs. Don't pretend it wasn't just over 100K

1

u/jwheel888 🟩 0 / 0 🦠 1d ago

Went over 100 because Trump was elected

1

u/h3wh0shallnotbenamed 🟨 0 / 0 🦠 8h ago

How's that going?

0

u/jwheel888 🟩 0 / 0 🦠 7h ago

Just fine. Nice and stable

0

u/jwheel888 🟩 0 / 0 🦠 7h ago

Just fine. Nice and stable

0

u/jwheel888 🟩 0 / 0 🦠 7h ago

Joined in 2024 and going to comment on a market dip after the restructure of crazy government spending? Gotcha kid

1

u/h3wh0shallnotbenamed 🟨 0 / 0 🦠 7h ago

Sure Jan.

0

u/jwheel888 🟩 0 / 0 🦠 7h ago

What are your thoughts? Trump bad? Crypto ruined? Talk to me

1

u/h3wh0shallnotbenamed 🟨 0 / 0 🦠 7h ago

Trump is an evil traitor working for Putin to crash the US economy. Crypto will be fine in the long run, but since his inauguration BTC has lost 21% in 4 months due to his insanely bad ideas. Anyone with a brain sees he's a shithead who is in it to commit treason and thievery through pump and dump market manipulation.

1

u/coinfeeds-bot 🟩 136K / 136K 🐋 1d ago

tldr; Global stock markets have lost over $5 trillion since Trump announced tariffs, sparking fears of a global recession. While major indices like the Dow Jones and S&P 500 have seen historic declines, Bitcoin has remained steady, even gaining slightly. Analysts suggest Bitcoin may serve as a hedge against market volatility. Trump has urged Federal Reserve Chairman Jerome Powell to cut interest rates, but Powell remains cautious, citing inflation concerns. Bitcoin's resilience contrasts sharply with the turmoil in traditional markets.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

u/[deleted] 23h ago

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1

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1

u/Appropriate_Mode8346 🟩 0 / 0 🦠 21h ago

I'll give it 6 months. With that said, I'm not selling anytime soon.

1

u/kirtash93 RCA Artist 18h ago

Time will tell

1

u/CaligulaCan 🟨 0 / 0 🦠 10h ago

Ugh just watch and learn into the 70s tomorrow.

1

u/Odd-Astronomer-7969 🟩 0 / 0 🦠 7h ago

Hahahaahha

1

u/The_Realist01 🟦 2K / 2K 🐢 4h ago

Sick

1

u/southbound858 🟩 0 / 0 🦠 23h ago

Lmao just wait

1

u/bitcoin_islander 🟨 5 / 659 🦐 14h ago

Its about to drop back down to 79K