Navigating the Storm: U.S. Tariffs and Bitcoin’s Potential
The cryptocurrency market isn’t exactly known for its calmness, right? But recently, the U.S. tariffs threw a big ol’ wrench into the works, sending Bitcoin and altcoins into a tailspin. A lot of folks are asking if now’s the time to scoop some up. Let’s take a closer look at how tariffs play into crypto prices, what the history books say could happen next, and how you might be able to make the most of this chaotic ride.
The Tariff Shockwave
When President Trump announced a staggering 100% tariff on Chinese goods on October 20, 2023, it sent shockwaves through the crypto world. Bitcoin nosedived from $117,000 to $102,000, showing just how sensitive the market is to geopolitical events. Altcoins didn’t fare much better, plummeting…
