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Trump’s India 50% tariffs seen as ‘attack’ on Bitcoin
Crypto traders are accusing President Donald Trump of wanting to crash Bitcoin on purpose — just to "clear the order books" before the next leg up. On Aug. 5, Discord channels lit up after Trump signed a sweeping Executive Order slapping a 25% tariff on all imports from India. India’s continued purchase of Russian oil, which Trump claims is undercutting U.S. sanctions. But for crypto traders, the bigger concern is what this could do to markets — and Bitcoin in particular. “Trump really trying to send $BTC back below $110k to clear the order books before the next move up,” said Discover Crypto, a prominent ... (full story)
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