Some mysterious account shorted a bunch of cryptos minutes before the tariff announcement, and made 190 million.
Just FYI
Can you post proof I can send to my crypto friends?
Love coffee
Of course it did, as the tariffs are designed to do. Why are the media and people still thinking tariffs are about anything but massive market manipulation to benefit insiders?
Why would tariffs tank crypto?
Someone tear that stock market down until responsible adults can use it effectively again. Right now it’s a broken, leaky old thing that is assisting mostly rich white greedy monsters and causing untold future mayhem with respect to value.
You do realize that crypto isn’t the stock market and doesn’t require there to even be exchanges right?
That has been true for 100 years.
it has become equitable recently. It now also works for brown and black rich assholes
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Why would tariffs make crypto tank? Why not the opposite? How’d that person who shorted bitcoin know it would drop? Maybe they didn’t, but it was quite the bet if they didn’t know.
Because the crypto market overreacts, always
So people are selling off from the crypto confidence scams to buy into Trump’s confidence scams on the drop. The sad thing is that each time these scammers end up winning, they get more money to shape the world while normal every day people who’ve been shuffled into these confidence scams in the stock market / crypto/ meme stocks get screwed. People ask why everything so bad while still buying into the status quo sold by the scammers.
