The U.S. government has recently imposed a 10% additional tariff on Chinese imports, leading to China's retaliatory tariffs on U.S. goods. This geopolitical tension has exerted pressure on cryptocurrencies, with Ethereum experiencing a sharper decline than Bitcoin. Over the past week, Ethereum dropped 12.5%, while Bitcoin saw a 6.2% decline. The heightened leverage around Ethereum has amplified its price declines during leveraged position liquidations. #Market Pullback: Which Coins to Watch? #Launchpool Initial Offering ANLOG
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#BTC #TrumptMarketInsights #ETH
The U.S. government has recently imposed a 10% additional tariff on Chinese imports, leading to China's retaliatory tariffs on U.S. goods. This geopolitical tension has exerted pressure on cryptocurrencies, with Ethereum experiencing a sharper decline than Bitcoin. Over the past week, Ethereum dropped 12.5%, while Bitcoin saw a 6.2% decline. The heightened leverage around Ethereum has amplified its price declines during leveraged position liquidations.
#Market Pullback: Which Coins to Watch? #Launchpool Initial Offering ANLOG