The big revelation of the coin market crash: Where did this "black swan" come from?
In the past two days, the coin market has been really miserable. Bitcoin has fallen directly from a high place, and it has not even held up to $9,300. Mainstream coins such as Ethereum and Dogecoin are also green, which makes people terrified. Some people ask, which god is making trouble?
The answer may be traced back to the new US President Trump.
Trump "let himself go" again!
What did Trump do in the past few days? Not only did he say that he would annex Canada to the United States, he also planned to impose high tariffs on Canadian and Mexican goods, claiming that this was for national security. What's more exaggerated is that when someone asked him if he would annex Canada by military means, he actually said: "No, just use economic power."
As soon as this was said, the market exploded! The US dollar index soared, and other currencies followed suit. The pound plummeted, and the RMB exchange rate also fell a lot. The cryptocurrency industry was not spared either. Bitcoin plunged directly, 230,000 investors lost all their money, and the amount of liquidation reached more than 700 million US dollars!
What does this have to do with the cryptocurrency industry?
In fact, the logic behind it is very simple. Trump's policies have made the market uncertain, and investors are most afraid of this "unknown". While he boasted that the US economy was about to take off, he imposed economic sanctions, increased tariffs, and may even use the power of a national emergency. This style of change has caused the global market's risk aversion to rise, and funds have flocked to safe assets such as the US dollar, and risky assets are naturally unlucky.
In addition to being affected by the overall market's risk aversion, the cryptocurrency industry may also face the problem of increased supervision in the future. Trump has never had a good impression of cryptocurrencies, and coupled with the expectation of stricter global supervision, the cryptocurrency industry is under great pressure!
For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
