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return2ozma@lemmy.world to News@lemmy.world · 2 days ago

Trump’s new 100% tariffs on China triggered a $19 billion crypto sell-off

www.cnn.com

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Trump’s new 100% tariffs on China triggered a $19 billion crypto sell-off

www.cnn.com

return2ozma@lemmy.world to News@lemmy.world · 2 days ago
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Trump’s new 100% tariffs on China triggered a $19 billion crypto sell-off | CNN Business
www.cnn.com
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President Donald Trump’s threat of 100% tariffs on China “over and above any Tariff they are currently paying” effective November 1, sparked a massive cryptocurrency sell-off late Friday.
  • nialv7@lemmy.world
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    2 days ago

    Some mysterious account shorted a bunch of cryptos minutes before the tariff announcement, and made 190 million.

    Just FYI

    • Bob Robertson IX @discuss.tchncs.de
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      2 days ago

      That’s all the economy is right now, just pumping it up, shorting, then trump announces something to crash the markets, those in on the grift make bank, then trump backs out and the market recovers. Wait 4 weeks and do it again.

      • cosmicrookie@lemmy.world
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        2 days ago

        This is all planned. Favours and filling own pockets. It should be and probably is illegal but by now we have found out that the president if the USA can do whatever they like without care for that

      • SaveTheTuaHawk@lemmy.ca
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        2 days ago

        And why does this work? Because of degenerate gambling day traders and analysts.

      • Tollana1234567@lemmy.today
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        2 days ago

        its also a nice distraction from the BBB, and epstein files too.

        • anomnom@sh.itjust.works
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          2 days ago

          None of it is a distraction, it’s all the results of a dictatorship. Nothing has actually stopped him from doing these things. The Disney boycott of all things, possibly excluded, for now.

          • village604@adultswim.fan
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            1 day ago

            At this point the Epstein files are the distraction

    • kn0wmad1c@programming.dev
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      2 days ago

      Can you post proof I can send to my crypto friends?

      • nialv7@lemmy.world
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        2 days ago

        https://www.youtube.com/watch?v=5fTv9ThJg6U

        • kn0wmad1c@programming.dev
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          2 days ago

          Love coffee

    • Almacca@aussie.zone
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      2 days ago

      deleted by creator

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