Recently, the international political and economic situation has once again fallen into turmoil, with a series of remarks by Trump serving as the catalyst, triggering severe fluctuations in the financial markets.



Trump announced a list of four candidates for the Federal Reserve Chair, notably absent was Becerra. This news has sparked speculation in the market regarding the direction of U.S. monetary policy.

Meanwhile, Trump also announced that new tariff policies on semiconductors and pharmaceuticals will be implemented next week, which will undoubtedly have a significant impact on the related industrial chain. Moreover, he stated that tariffs on India will be increased within 24 hours, further escalating the tensions in international trade.

More worrying is that Trump has threatened to impose tariffs of up to 35% on the EU if it does not fulfill its obligations. This series of statements undoubtedly casts a shadow over the market rebound momentum that was originally positive.

In this complex international situation, the cryptocurrency market also finds it difficult to remain unaffected. The futures contracts of Bitcoin (BTC) and Ethereum (ETH) have been impacted to varying degrees, and market participants are closely monitoring further developments.

Analysts point out that Trump's remarks not only affect traditional financial markets but also have a ripple effect on the emerging cryptocurrency market. Investors need to closely monitor changes in the global political and economic situation, carefully assess risks, and make adjustments to asset allocation.

In the face of such a volatile market environment, participants in both traditional finance and the cryptocurrency sector need to remain calm, analyze the situation rationally, and avoid blindly following trends or panic selling. Only by fully understanding the risks can one find opportunities in this uncertain market.
TRUMP3.08%
BTC1.15%
ETH3.31%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Share
Comment
0/400
GasGuzzlervip
· 08-05 16:48
It's time to show off our skills again.
View OriginalReply0
DataOnlookervip
· 08-05 16:42
Short buy, long sell
View OriginalReply0
SerLiquidatedvip
· 08-05 16:33
It's Trump causing trouble again... time to extend life.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)