Temporary volatility in the crypto market was triggered by President Donald Trump's import tariffs on steel and aluminum. Simultaneously, the DexBoss presale garnered attention with its robust progress.
Tariffs and Crypto Market Reaction
The announcement by U.S. President Donald Trump of a 25% tariff on steel and aluminum imports temporarily destabilized the crypto market. Following the news, Bitcoin dropped to $94,000 before recovering to $97,000, according to CoinMarketCap. These fluctuations showcase the market's resilience to short-term shocks.
DexBoss Presale Success
Amid market fluctuations, the decentralized trading platform DexBoss successfully captured investor interest with its presale campaign. The project raised $560,360 of its $750,000 target, achieving 75% progress in a short time.
DexBoss Features and Plans
DexBoss offers access to over 2,000 cryptocurrencies. Its deflationary token model reduces supply, potentially increasing token value. Additionally, the platform plans to implement AI analytics and cross-chain functionality to expand trading capabilities.
Despite market changes prompted by economic policies, projects like DexBoss continue to attract investor attention, highlighting the DeFi sector's growth and resilience.
