The Mexican government has decided to impose a 50% customs duty on products of Chinese origin. This move indicates that new dimensions are being added to the global trade wars.
Such trade barriers typically increase market volatility and can steer investors towards alternative assets. We know that during periods of uncertainty in traditional markets, cryptocurrencies are considered as hedging tools.
These kinds of disruptions in global supply chains once again highlight the fragility of centralized financial systems. Will this situation accelerate discussions around central bank digital currencies?
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WalletWhisperer
· 11h ago
watching the wallet clustering patterns rn... 50% tariffs always create these beautiful asymmetries in transaction velocity. the data's already screaming it—altcoin accumulation phase just kicked in, nobody's talking about it yet tho
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MetaverseLandlord
· 12-11 11:54
The trade war is heating up, the crypto world is going to be boiling again haha
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SnapshotDayLaborer
· 12-11 11:51
The trade war is heating up, so it's time to buy the dip in crypto. Traditional finance should panic, this time it's really coming.
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SighingCashier
· 12-11 11:36
The tariff escalation tactic is back... It feels increasingly like a replay of the trade war in the 90s. Will it really push up crypto?
The Mexican government has decided to impose a 50% customs duty on products of Chinese origin. This move indicates that new dimensions are being added to the global trade wars.
Such trade barriers typically increase market volatility and can steer investors towards alternative assets. We know that during periods of uncertainty in traditional markets, cryptocurrencies are considered as hedging tools.
These kinds of disruptions in global supply chains once again highlight the fragility of centralized financial systems. Will this situation accelerate discussions around central bank digital currencies?