Bitcoin (BTC), which is the main cryptocurrency due to market value and the only macro asset to trade on weekends, is less than $ 100,000, trading for three consecutive days, and Canada is retaliation imported tariffs on the United States. Because I announced and joined Mexico.
Prime Minister Donald Trudeau imposes 25 % of US products from drinks to home appliances after President Donald Trump imposes 25 % of tariffs on imports of Canada and Mexico and 10 % of products from China. Was stated. China has stated that it will sue the United States in a World Trade Organization, while swearing an unspecified measures to protect the interest.
The new trade war may increase inflation and weaken the Fed rate reduction case, combined with the large expulsion of illegal immigrants from the United States. BTC's weakness is likely to reflect these concerns, and provide risky clues to conventional risks. The wider cipher market has fallen after the decline in BTC, and the coindesk 20 indexes exceeded 2 %.
