Trump’s Tariffs: Crypto’s New Worst Nightmare?

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Trump’s Tariffs: Crypto’s New Worst Nightmare? 😱🤯

Trump’s Tariffs: Crypto’s New Worst Nightmare?

So, February rolls around, and what do we get? A crypto market so volatile, it makes me want to wear a helmet while trading. 🤯 Apparently, Trump’s new tariffs on Canada, Mexico, and China – the three countries I can never remember how to pronounce correctly – were the perfect storm for crypto investors. 🇨🇦🇲🇽🇨🇳 These tariffs were supposed to help the US economy, but they ended up just sinking the crypto ship. Like, imagine you’re a fish in a tank, and someone just pours a bucket of ice water in. That’s what happened to Bitcoin. 🐟🥶

This whole situation is just ridiculous. I mean, Trump’s just throwing tariffs around like they’re confetti. He’s basically saying, “Hey, let’s make things more expensive for everyone! It’ll be great!” It’s like he’s trying to create some kind of economic apocalypse, but with less zombies and more market crashes. 🧟‍♂️📉

Anyway, the crypto world went bananas. We’re talking $2 billion in liquidations – enough to make even a Wall Street banker blush. And Bitcoin? Oh, it plummeted so fast, it was like a squirrel running away from a hawk. 🦅🐿️ It hit a low of $95,200, the lowest it’s been in three weeks. I mean, come on, I could have bought a new car for that amount of Bitcoin! 🚗

I can’t believe people are actually worried about inflation. I mean, have you seen the price of a decent bagel lately? Inflation is already a thing! But I guess maybe those fancy economists are just trying to make themselves sound important. 🥯

Anyway, the whole thing is just a mess. I’m just going to stay away from crypto until things settle down. Or, maybe I’ll just buy a bunch of bagels and wait for the apocalypse. That seems like a much safer investment. 🥯

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2025-02-03 15:41