Trump Tariffs Impact Bitcoin and XRP: Expert Analysis
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Trump Tariffs Impact Bitcoin and XRP: Expert Analysis
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About this listen
Following President Trump's tariff announcement, the cryptocurrency market experienced a downturn, impacting Bitcoin and XRP. Experts suggest Bitcoin's volatility is likely to continue due to its increased sensitivity to macroeconomic factors, with potential for both further decline and recovery. A report indicates that XRP's recent price surge was driven by retail speculation, making it vulnerable to significant downside volatility as demand may have peaked. Overall, the article analyses the potential effects of these tariffs on the short-term price movements and market sentiment surrounding Bitcoin and XRP.
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