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MainNewsTrump and Tr...

Trump and Trudeau in Talks: Will Tariffs Be Lifted Today?


by Coin Edition
for CoinEdition
Trump and Trudeau in Talks Will Tariffs Be Lifted Today
  • Donald Trump and Justin Trudeau to speak today
  • Trump’s tariffs brought the prices of cryptos down
  • Altcoins suffered the worst, and even Bitcoin wasn’t immune

Following the U.S. tariffs over Canada, Donald Trump and Canadian Prime Minister Justin Trudeau are set to speak today to address rising trade tensions. 

The tariffs are set to take effect on February 4. In response, Trudeau asserted that Canada will retaliate with equivalent tariffs on US goods.

Crypto World Reacts to Tariff Shock

Combined with tariffs on Mexico and China, plus threats toward the European Union with the same actions, Trump’s latest actions have caused chaos in the crypto world.

Bitcoin and Ether suffered steep price drops. The former fell below $100,000, reaching a three-week low of $91,441.89. As the second-largest cryptocurrency, Ether dropped to $2,494.33, its lowest point since early September.

Altcoins Take a Harder Hit

Altcoins have borne the brunt of it. For instance, XRP experienced a 9.7% decline, trading at $2.35. Other coins, such as Solana and Cardano, also faced significant losses amid the escalating trade tensions.

Related: Ripple Signs More U.S. De…

The post Trump and Trudeau in Talks: Will Tariffs Be Lifted Today? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

BTC Eyes $100K Amid Trade War Deescalation and Trump’s Special Dinner Announcement: Your Weekly Recap

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BTC has recovered over $20,000 since the early April low.
US President Trump Says He’ll Sign Bill Banning Congress From Stock Trading

US President Trump Says He’ll Sign Bill Banning Congress From Stock Trading

In what is a major statement from the US President, Donald Trump confirmed he would s...
MainNewsTrump and Tr...

Trump and Trudeau in Talks: Will Tariffs Be Lifted Today?


by Coin Edition
for CoinEdition
Trump and Trudeau in Talks Will Tariffs Be Lifted Today
  • Donald Trump and Justin Trudeau to speak today
  • Trump’s tariffs brought the prices of cryptos down
  • Altcoins suffered the worst, and even Bitcoin wasn’t immune

Following the U.S. tariffs over Canada, Donald Trump and Canadian Prime Minister Justin Trudeau are set to speak today to address rising trade tensions. 

The tariffs are set to take effect on February 4. In response, Trudeau asserted that Canada will retaliate with equivalent tariffs on US goods.

Crypto World Reacts to Tariff Shock

Combined with tariffs on Mexico and China, plus threats toward the European Union with the same actions, Trump’s latest actions have caused chaos in the crypto world.

Bitcoin and Ether suffered steep price drops. The former fell below $100,000, reaching a three-week low of $91,441.89. As the second-largest cryptocurrency, Ether dropped to $2,494.33, its lowest point since early September.

Altcoins Take a Harder Hit

Altcoins have borne the brunt of it. For instance, XRP experienced a 9.7% decline, trading at $2.35. Other coins, such as Solana and Cardano, also faced significant losses amid the escalating trade tensions.

Related: Ripple Signs More U.S. De…

The post Trump and Trudeau in Talks: Will Tariffs Be Lifted Today? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

BTC Eyes $100K Amid Trade War Deescalation and Trump’s Special Dinner Announcement: Your Weekly Recap

BTC Eyes $100K Amid Trade War Deescalation and Trump’s Special Dinner Announcement: Your Weekly Recap

BTC has recovered over $20,000 since the early April low.
US President Trump Says He’ll Sign Bill Banning Congress From Stock Trading

US President Trump Says He’ll Sign Bill Banning Congress From Stock Trading

In what is a major statement from the US President, Donald Trump confirmed he would s...