The US Dollar already lost against the € already 6% this year. This is global trade and will help the big companies to compensate.
And in addition to the trade war the US Dollar value goes up vs. Canadian Dollar and Pesos. = meaning that Mexico & Canada will have additional price hikes on US products. =exports to the countries will further decline. This will hurt the small and middle businesses that focus on trade in America further.
And that is the reality: Trump will make the poor poorer and the middle class poor! He is destroying the USA in a conversion to the tech oligarchs/ authoritarian autocrats and fascists
Donald “Russian marionette” Trump and his boss Putin will go even further than everybody expects!
He will not only hand over Ucraine and East Europe to Putin.
His target is to destroy the USA economically in full speed as well.
Convert friends into enemies. Start trade war with your nearest partner you have borders with.
That will break the US economy and will drive high inflation over years! This will make the dollar worthless! This will drive the inflation further! The idea with a low dollar to push exports will fail. Why? Because USA can not effort to buy components from other countries.
This will lead to an unstoppable downward spiral!
The inflation will explode. The dollar as a currency will be useless!
And in a society where people do not even leave the house or car for shopping/eating anymore.
The drive-in and delivery society in USA will not invest in Gold or Silver (real value).
They will flee into the crypto world! The useless dollar will flow in unbelievable numbers into cryptocurrencies.
Result: We will see coin prices nobody will believe today … but … but … the dollar will we worthless.
The Putin Marionette named Donald J Trump is destroying the free global market!
To all Trump voters: Get familiar living in a country controlled by Putin and vote together with Iran, NorthKorea, Russia, Belarus and China against the free World:
If Trump is going further with is US isolation and autocratic behavior the USA will become another North Korea!
And sorry the US is only 4% of the world population. A kind of nobody if they kick their friends and partners to become enemies.
So, if nobody follows the USA anymore, nobody will follow them with crypto.
And the billionaires know it. That’s the reason why tons of gold going from London to US!
Trump is driving the USA in autocracy isolation. The Dollar will be destroyed. Nobody will follow into the crypto world. And with this 95% of crypto currencies will be destroyed. And the rest like BTC will loose a lot of value.
That’s the reason why Gold is getting stronger and stronger!
Trump will destroy crypto and the world leadership of the dollar. And with this the USA will destroy their own economy!
America first (or only) an a world of collaboration must fail! Trumps America will catastrophically fail!
If you still talk about consolidation and Alt-Season is coming then you are blind or don’t want to see that Trump/Musk have destroyed any confidence in US Crypto Industries!
The global players leaving the market!
With this XRP is loosing their global business model!