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How Trump's New Tariffs Impacted the Cryptocurrency Market

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by A1

4 hours ago


Trump's tariff announcements on China, Mexico, and Canada sparked a strong reaction in the crypto market.

Potential Rebound for Solana

Following a sharp decline due to the tariff news, Solana shows potential for recovery. Despite losing a significant portion of its value, Solana remains above the 50 SMA level on the weekly chart, reflecting long-term investor confidence.

Expectations for Avax

Avax's price is nearing the end of its drop, approaching a strong support level. This may indicate the market's readiness to return to a bullish trend. In recent months, Avax has attracted significant attention due to its growing popularity and global team activities.

New Presale Token Remittix

The new Remittix token is emerging as a significant player in the cryptocurrency landscape. Its market promotion is attracting investors seeking high returns. The Remittix platform facilitates easy conversion of crypto to fiat currencies and transfers to banks worldwide, potentially becoming a key part of the market's development.

Trump's new tariffs had a significant impact on the market, yet assets like Solana and Avax show signs of adaptation and potential.

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