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Trump Tariffs Crash Bitcoin and Stocks. But Presales like Meme Index Can Survive and Thrive

Bitcoin ($BTC) now trades at $95K after briefly touching $92K for the first time in three weeks. Out of the 100 top tokens, only four recorded minor 24-hour gains, including $FARTCOIN with an 8% increase (huh).

The reason? Investors panic-sell on the back of Trump’s tariff war with Canada and Mexico.

The stock market suffered a similar fate as S&P 500 futures dipped 1.9% and the Dow Jones Industrial Average spiraled by 1.5%.

Is the meltdown warranted, or is there more to Trump’s plan than meets the eye?

Tit-for-Tat: Trump’s Trade War Escalates
First, context.

Trump hit Canada and Mexico with 25% tariffs, excluding Canadian energy resources that are subject to a 10% levy, warning it could get a lot worse. China will pay a 10% duty on US imports.

Trump Tariffs Crash Bitcoin and Stocks. But Presales like Meme Index Can Survive and Thrive

Bitcoin ($BTC) now trades at $95K after briefly touching $92K for the first time in three weeks. Out of the 100 top tokens, only four recorded minor 24-hour gains, including $FARTCOIN with an 8% increase (huh).

The reason? Investors panic-sell on the back of Trump’s tariff war with Canada and Mexico.

The stock market suffered a similar fate as S&P 500 futures dipped 1.9% and the Dow Jones Industrial Average spiraled by 1.5%.

Is the meltdown warranted, or is there more to Trump’s plan than meets the eye?

Tit-for-Tat: Trump’s Trade War Escalates
First, context.

Trump hit Canada and Mexico with 25% tariffs, excluding Canadian energy resources that are subject to a 10% levy, warning it could get a lot worse. China will pay a 10% duty on US imports.
https://bitcoinist.com/trump-tariffs-crash-btc-presales-can-survive/