PSA: Trump’s tariffs mean higher interest rates, which are never good for crypto
It's hard to believe that Trump passes as the crypto candidate. If he imposes his immense tariffs, then higher prices are a certain consequence, because that's what tariffs do: they make stuff more expensive. Also, they invite retaliation, which can lead to an upward spiral. That translates into inflation and along with that higher interest rates to curb prices. So less money goes into markets, especially risk assets. We know what that means for crypto, right?
That is actually all I have to say, because my point has been made. However, I have to add another 35 characters to be able to post this. So, there.
submitted by /u/Kristkind
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