Trump got angry at the court and raised the global tariff rate to 15%. Normally, cryptocurrencies would drop due to the uncertainty brought by other tariff developments, but it remained unaffected. I think the reason is that the ordinary investors who haven't been kissed on the ear and are left behind already stopped taking action after the news. Since the news came over the weekend and the US markets are closed, the current direction of Bitcoin is influenced by the US institutional side, which will react accordingly when markets open and will volume accordingly. The existing loss of spirit in crypto is also a reason for this long bear market; crypto, which works 24/7, is now tightly confined to the US 9:30-16:00…
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Trump got angry at the court and raised the global tariff rate to 15%. Normally, cryptocurrencies would drop due to the uncertainty brought by other tariff developments, but it remained unaffected. I think the reason is that the ordinary investors who haven't been kissed on the ear and are left behind already stopped taking action after the news. Since the news came over the weekend and the US markets are closed, the current direction of Bitcoin is influenced by the US institutional side, which will react accordingly when markets open and will volume accordingly. The existing loss of spirit in crypto is also a reason for this long bear market; crypto, which works 24/7, is now tightly confined to the US 9:30-16:00…