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Trump’s Tariff Reversal Weighs on Gold, Fuels Bitcoin Volatility
Share:
- Trump’s cancellation of EU tariffs quickly shifted money from gold into risk assets.
- Gold and silver fell fast, showing that safe havens can also reverse suddenly.
- Bitcoin whipsawed on tariff news, triggering major liquidations for both longs and shorts
A sudden reversal in US trade policy jolted global markets this week, hitting precious metals hard while sending cryptocurrencies through another round of sharp swings. After briefly signaling new tariffs on European allies, US President Donald Trump abruptly walked back on the threat, forcing investors to quickly reassess risk across asset classes.
Gold fell more than 2% from its recent peak, while silver dropped nearly 5%, wiping out gains built during the tariff scare.
From Tariff Fear to Market Whiplash
The turbulence began over the weekend when the administration floated tariffs of 10% to 25% on European…
Read The Full Article Trump’s Tariff Reversal Weighs on Gold, Fuels Bitcoin Volatility On Coin Edition.
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Coins
$ 89.05K
+0.69%Share:
In This News
Coins
$ 89.05K
+0.69%Share:
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Crypto Rebounds as Trump Cancels Europe Tariffs, BTC Reclaims $90K
Trump Signals Quick Move on CLARITY Act as Bitcoin Holds Near $90K
Trump’s Tariff Reversal Weighs on Gold, Fuels Bitcoin Volatility
Share:
- Trump’s cancellation of EU tariffs quickly shifted money from gold into risk assets.
- Gold and silver fell fast, showing that safe havens can also reverse suddenly.
- Bitcoin whipsawed on tariff news, triggering major liquidations for both longs and shorts
A sudden reversal in US trade policy jolted global markets this week, hitting precious metals hard while sending cryptocurrencies through another round of sharp swings. After briefly signaling new tariffs on European allies, US President Donald Trump abruptly walked back on the threat, forcing investors to quickly reassess risk across asset classes.
Gold fell more than 2% from its recent peak, while silver dropped nearly 5%, wiping out gains built during the tariff scare.
From Tariff Fear to Market Whiplash
The turbulence began over the weekend when the administration floated tariffs of 10% to 25% on European…
Read The Full Article Trump’s Tariff Reversal Weighs on Gold, Fuels Bitcoin Volatility On Coin Edition.
In This News
Coins
$ 89.05K
+0.69%Share:
In This News
Coins
$ 89.05K
+0.69%Share:
Read More
Crypto Rebounds as Trump Cancels Europe Tariffs, BTC Reclaims $90K