Crypto Volatility & Tariffs: Understanding Their Interplay with Ethereum
With global tensions on the rise, and tariffs being levied like confetti, even the world of cryptocurrency isn’t getting out unscathed. The announcement of 100% tariffs on Chinese imports has sent Ethereum’s price on a rollercoaster ride, and if you’re left wondering, “What gives?”, you’re not alone. Let’s dive into how these geopolitical shenanigans impact crypto prices, dissect Ethereum’s recent price action, and discuss how to keep your portfolio from going belly up.
Geopolitical Events and Crypto Prices: A Tangled Relationship
How do tariffs affect crypto? Well, it’s a mixed bag. On one hand, geopolitics can spark panic and lead to a surge in demand for assets seen as safe havens. We all know crypto has been seen as…