The encryption is disrupted with China’s revenge on the Trump tariff. “There are no winners in a commercial war” – DL News

Encryption He fell Nearly 2 % during the past day, when merchants digested definitions by US President Donald Trump before heading towards China’s revenge.

On Friday morning, China announced an additional tariff of 34 % on American goods, which is a retaliatory step towards eras The definition system The White House announced on Wednesday, describing American policy as “one -sided bullying.”

This step reaches the total customs tariffs of the United States against China to 47.5 %, according to Goldman Sachs.

“There are no winners in a commercial war, and there is no exit from protectionism,” a statement was issued by the Chinese Ministry of Commerce on Thursday He said.

“China urges the United States to cancel the mono tariff measures immediately and solve the differences properly with its trading partners through an equal dialogue.”

The Trump tariff suspended the ascension that poured into the encryption industry at the beginning of 2025. Its return to relax the coding rules was a blessing of the industry.

Since he took power, the American Securities and Stock Exchange committee decreased numerous Cases Against the encryption companies, and Trump has Installed Supporter Representatives of the main government jobs.

The encryption market monitors are now watching their ascension. Polymarket Punters Put 73 % chance that Bitcoin will decrease to $ 70,000 by the end of the year.

Bitcoin to $ 250,000?

They have anxiety. Bitcoin, Ethereum, Solana and other supreme symbols were rapidly and negatively on the news.

Bitcoin decreased by 3 % to 82.022 dollars against the backdrop of China’s retaliation for a Trump tariff. Likewise, Ethereum and Solana decreased by 2.8 % and 4.5 %, respectively.

Vix, an indicator for measuring fluctuations in financial markets, Rise From about 28.9 to 45.5, it indicates the deepening of fear and the potential market is transmitted from risk assets such as bitcoin.

Some market monitors say they are still optimistic about Crypto’s long -term chances.

“The result of the encryption is positive,” said Zach Pierce, CEO of NFT Platform Mintology. DL news Wednesday.

Others, like the co -founder of Bitmex Arthur Hayes, expected that the price of Bitcoin will reach $ 250,000 in the back of the year, as the US Federal Reserve is expected to reduce interest rates, which will add liquidity to the market.

The CME Fedwatch is now estimated that there is a 42 % chance The central bank will reduce interest rates in May.

Andrew Flaangan is a market correspondent for DL ​​news. Do you have advice? Access to Aflanagan@dlNews.com.