Matt Hougan, Chief Investment Officer at Bitwise, recently analyzed the effects of President Trump’s announcement to impose a 100% tariff on China, stating that the fundamental prospects of the cryptocurrency market remained unaffected. The initial panic caused a massive sell-off, leading to a rapid liquidation of leveraged positions, with losses approaching $20 billion.
Continue Reading:Cryptocurrency Markets Weather the Storm: An Analysis of Market Resilience
Source: https://en.bitcoinhaber.net/cryptocurrency-markets-weather-the-storm-an-analysis-of-market-resilience
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