Crypto suffers weekend massacre, but could Trump’s tariff war be good for Bitcoin?
Description
It was an utter bloodbath of a weekend for Bitcoin, spilling into Monday. The cause? Most point to US President Donald Trump, whose trade tariffs have wreaked chaos both inside and outside crypto. To begin today’s episode, I will go through exactly how Bitcoin was affected and what it might mean going forward. Then we’ll look at Binance being investigated in France on allegations of money laundering and drug trafficking, India’s hostile attitude toward crypto that may be changing and how one lucky maniac made the best part of $50 million in profit from a 50x leveraged short play on Ether!
Further reading:
- Bitcoin falls below $100K following Donald Trump imposing import tariffs
- BTC dominance nears 4-year high: 5 things to know in Bitcoin this week
- Ether, altcoins dive double digits as Trump tariffs take further toll
- Crypto Biz: French prosecutors drop money-laundering bombshell on Binance
- Indian crypto holders face 70% tax penalty on undisclosed gains
- India may change crypto policy due to international adoption: report
- Ethereum trader earns $16M as ETH price falls to $3K
References:
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