The cryptocurrency industry is in the spotlight as Trump's upcoming press conference on tariffs is anticipated. Market reactions have intensified, which could increase market volatility.
Key Developments in Cryptocurrency
Today, Donald Trump will hold a press conference on reciprocal tariffs. This event is drawing significant attention from cryptocurrency investors, as the announcement of new tariffs could affect market volatility. Recent days have already shown an impact on cryptocurrencies, including Bitcoin.
Market Reactions and Economic Impact
While negotiations with Canada and Mexico are ongoing, trade tension with China has already been felt across markets. Trump claims he will protect the economy with tariffs against countries like India and Japan. This could contribute to rising inflation in the US in the short term. Recently released Producer Price Index (PPI) data shows an increase in costs, confirming expectations of stable interest rates.
AI Developments in China
China's iFlyTek announced it is nearing the completion of a new artificial intelligence model. This event echoes the recent collapse of DeepSeek, which initially garnered significant interest but later proved less effective than GPT.
Trump's press conference on tariffs could increase market volatility. Investors and analysts are awaiting possible changes and their impact on the economy and cryptocurrencies.
