A fresh round of tariffs by U.S. president Donald Trump and lack of short term catalysts is inciting caution from market watchers. Tariffs introduce economic uncertainty by potentially escalating trade wars, which can lead to market volatility. Some traders say ether could be further impacted as sentiment for crypto fades down, adding to an already tumultuous year for the asset.
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What to know:
A fresh round of tariffs by U.S. president Donald Trump and lack of short term catalysts is inciting caution from market watchers.
Tariffs introduce economic uncertainty by potentially escalating trade wars, which can lead to market volatility.
Some traders say ether could be further impacted as sentiment for crypto fades down, adding to an already tumultuous year for the asset.