0:00
breaking news Trump's new tariffs have
0:02
sent shock waves through Global markets
0:04
and crypto is feeling the heat Bitcoin
0:08
$100,000 alt coins are bleeding out and
0:11
even Trump's own portfolio has taken a
0:13
massive hit so is this the ultimate
0:15
buying opportunity or just the beginning
0:18
of a brutal crypto meltdown let's break
0:20
it all down on February 1st former
0:23
president Donald Trump dropped a
0:25
bombshell announcing steep new tariffs
0:27
on major trading partners Mexico and
0:30
Canada got slapped with a 25% tariff
0:33
while China faced a 10% hike the markets
0:36
they absolutely panicked stocks plunged
0:39
and crypto wasn't spared either bit CEO
0:42
Ben Joe estimates that between 8 to 10
0:44
billion in crypto positions were
0:46
liquidated in total 2.1 billion of that
0:49
coming from bit alone Bitcoin plummeted
0:52
below the critical $100,000 level xrp
0:55
collapsed by 177% and cardano Ada nose
1:00
22% and here's where it gets even
1:02
crazier Trump's own Financial Empire
1:05
wasn't immune his world Liberty
1:07
Financial portfolio packed with
1:09
investments in stocks and crypto
1:11
reportedly lost over 20% overnight but
1:14
here's the real kicker Trump says he's
1:16
not done these tariffs just the warm-up
1:19
act next on his Hit List the European
1:22
Union superconductors oil steel you name
1:25
it he's ready to slap tariffs on it and
1:28
the clock is ticking feu February 18th
1:30
is when the EU trade War officially
1:32
kicks off so what does that mean for
1:34
Bitcoin and crypto is this a temporary
1:36
dip or are we entering a full-blown
1:38
Market meltdown this is where things get
1:41
really interesting while some people see
1:43
Bitcoin as digital gold others argue
1:45
that crypto is still a high-risk asset
1:48
meaning it's just as vulnerable to
1:50
economic chaos as the stock market
1:52
crypto influencer Amit krea warns crypto
1:55
isn't a safe haven tariffs shrink Global
1:58
liquidity and Bitcoin need needs
2:00
liquidity to thrive an economist Alex
2:02
Krueger backs that up saying aggressive
2:05
tariffs are bad for risk assets
2:07
bitcoin's fate depends on how fast
2:09
countries negotiate but Trump's latest
2:12
comments aren't exactly reassuring he
2:14
just called the EU an atrocity and is
2:16
doubling down on tariffs refusing to
2:19
make concessions if that doesn't sound
2:21
like quick negotiations I don't know
2:23
what does now despite all the Doom and
2:25
Gloom some analysts are saying this is
2:27
the moment to buy why because Market
2:30
sentiment is at rock bottom and
2:32
historically that's when the biggest
2:34
reversals happen bitwise Andre drish
2:36
says now is the time to add Bitcoin
2:39
exposure and Jeff Park a strategist at
2:41
bitwise predicts that Bitcoin could
2:43
actually go violently higher as trade
2:46
Wars escalate calling it a financial War
2:49
Park argues that Trump actually wants a
2:51
weaker US dollar and lower treasury
2:53
yields and guess what that could be a
2:55
massive boost for Bitcoin since a weaker
2:58
dollar often drives investors toward
2:59
report alternative assets but Alex
3:02
Krueger isn't convinced he says the
3:04
Market's murky this is a Traders game
3:07
now translation if you're not ready for
3:09
wild volatility you might want to sit
3:12
this one out but let's not forget this
3:14
isn't just hurting retail investors even
3:17
Trump himself is feeling the pain his
3:19
world Liberty Financial reportedly
3:21
invested $270 million in altcoins before
3:25
his inauguration and now that investment
3:28
has sunk by 215 million even Trump
3:31
admits the tariffs bring some pain but
3:34
insists they're worth it in the long run
3:36
so what do you think is this a golden
3:38
buying opportunity or are we just
3:40
getting started on a brutal crypto crash
3:43
drop a comment and let's get the debate
3:45
going and hey if you want more real-time
3:48
updates on the crypto Market make sure
3:50
to smash that like button and subscribe
3:52
for the latest breakdowns stay tuned
3:54
stay sharp and remember this isn't
3:57
financial advice but at is one Wild Ride
