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Trump Tariffs Impact Bitcoin and XRP: Expert Analysis

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Manage episode 475181822 series 3627807
Content provided by bigknd. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by bigknd or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Following President Trump's tariff announcement, the cryptocurrency market experienced a downturn, impacting Bitcoin and XRP. Experts suggest Bitcoin's volatility is likely to continue due to its increased sensitivity to macroeconomic factors, with potential for both further decline and recovery. A report indicates that XRP's recent price surge was driven by retail speculation, making it vulnerable to significant downside volatility as demand may have peaked. Overall, the article analyses the potential effects of these tariffs on the short-term price movements and market sentiment surrounding Bitcoin and XRP.

  continue reading

33 episodes

Artwork
iconShare
 
Manage episode 475181822 series 3627807
Content provided by bigknd. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by bigknd or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Following President Trump's tariff announcement, the cryptocurrency market experienced a downturn, impacting Bitcoin and XRP. Experts suggest Bitcoin's volatility is likely to continue due to its increased sensitivity to macroeconomic factors, with potential for both further decline and recovery. A report indicates that XRP's recent price surge was driven by retail speculation, making it vulnerable to significant downside volatility as demand may have peaked. Overall, the article analyses the potential effects of these tariffs on the short-term price movements and market sentiment surrounding Bitcoin and XRP.

  continue reading

33 episodes

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