When Trump's Tariffs Met Crypto: A Match Made in...Well, Not Heaven 🤔💸

Oh boy, let me tell you something, folks. Donald Trump’s mass tariffs have got the global markets in a tizzy, and guess what? This ain’t the first rodeo for these tariffs. They’ve shown up twice before, and let me tell you, the outcomes were not pretty. Not pretty at all. 😳📉

The Last Time Trump’s Tariff Cousins Came to Town

So, Stacy, a market commentator who knows her stuff, dropped a bombshell in an X post. She revealed that events eerily similar to Trump’s tariffs have graced us twice in American history. Once in 1828, and then again in 1930. And guess what happened next? You guessed it, a depression. Not the kind you see at a therapist’s office, but the kind that sends the global economy into a tailspin. 🌪️📉

Market experts, those so-called “wise” folks, are predicting that Trump’s tariffs could wreak havoc on the market, starting with our very own backyard, the US economy. Goldman Sachs, you know, the guys who always get it right…not! Anyway, they’ve upped their odds of a recession to 35%. And if you think that’s bad, just take a look at Polymarket, where the odds of a recession this year are sky-high. And we all know what that means for the crypto market. 📉₿

The market is already feeling the heat from Trump’s tariffs. Bitcoin, the king of crypto, took a nosedive from a lofty $88,000 to a measly $81,000 after Trump’s announcement. Altcoins, well, let’s just say they’re entering bear market territory faster than you can say “crypto winter.” And don’t even get me started on the stock market. A $2.85 trillion loss yesterday, the worst in four years. Ouch! 📉📉📉

Now, here’s the kicker. Bitcoin and stocks have this weird thing going on where they move together like peanut butter and jelly. If the stock market keeps sliding, Bitcoin might just follow suit. And if history repeats itself, we could be in for a bumpy ride. 🚢🌊

The Fed to the Rescue?

But wait, there’s hope yet. Mikybull Crypto, a crypto analyst who’s usually spot-on, thinks the US Federal Reserve will come to the rescue. He predicts they’ll cut interest rates and introduce a stealth QE, you know, the kind that doesn’t make headlines. With the odds of a recession this year climbing higher than Everest, the Fed might just have to step in to save the day. 🦸‍♂️💸

Before this whole tariff fiasco, the Fed was playing hard to get, refusing to ease monetary policies. But with a recession looming larger than a tsunami, Fed Chair Jerome Powell and his buddies at the FOMC might have to rethink their stance. After all, Trump has been nagging them to cut interest rates for ages. Maybe tariffs are just his way of twisting their arms. 🤝📉

Here’s the good news for crypto enthusiasts. An interest rate cut could be a shot in the arm for the crypto market. More liquidity flowing into crypto assets could mean another bull run. Who knows, maybe we’ll all be millionaires by next week. Or not. 🤑🚀

At the time of writing, Bitcoin is trading at around $82,600, down over 1% in the last 24 hours. But hey, it’s crypto. Anything can happen. 🤷‍♂️BTC

2025-04-05 02:14

When Trump’s Tariffs Met Crypto: A Match Made in…Well, Not Heaven 🤔💸

The Last Time Trump’s Tariff Cousins Came to Town

The Fed to the Rescue?

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