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🚨 TRUMP’S CHINA MOVE = BTC ETH CRASH ?! 📉📉📉 FED BOSS POW
trump’s china niceness + bitcoin/ethereum price crash: discordant narrative: market dynamics and geopolitical signals clash 📉. bearish sentiment
US President Trump’s trade deal with China caused Bitcoin and Ethereum prices to drop, sparking concerns of a bear market. Despite agreements, prices fell sharply. Trump announced a truce and tariff reductions, but market reaction was negative. Powell’s comments and slowing demand in US markets added to the decline. CryptoQuant analysis highlighted decreased investments in Bitcoin and Ethereum. Domestic buying pressure reduced as spot demand on US exchanges slowed. Premiums hit zero on Coinbase for Bitcoin and Ethereum, signaling decreased demand.
Donald Trump is being nice to China, but why do Bitcoin and Ethereum prices continue to collapse?
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