Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: pokxon on July 14, 2018, 07:50:04 AM
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I see the United States and China retaliating by imposing taxes on imports from the two countries. This makes the economy go down and there may be economic crisis. Besides, this could also affect the crypto market in some way economically as the United States and China are the two largest cryptocurrency trading areas (this is my opinion).
Finally, the most affected are investors, with the Crypto market the biggest impact is the Altcoin, the transaction rate as well as the ability to use the actual will greatly reduce, Especially the Altcoin coins do not promote strengths
What do you think about this?
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Yes, it will be the big effect of the crypto market, The Trump administration has said it would slap 10% tariffs on an extra $200bn worth of Chinese imports, prompting Beijing to promise to “fight back as usual” in an announcement that brings the two countries closer to the brink of a full-out trade war.
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the effect is really felt on cryptocurrency, because the price always goes up and down when there are NEWS and FUDs from both countries.
USA and China are very influential on cryptocurrency.