TRUMP CRASHING BITCOIN! HE SAID IT STARTS TOMORROW!
My Financial Friend
Market Update
- The market is experiencing volatility due to a statement by Trump, with Bitcoin falling 2.5% and the S&P 500 falling 0.7%.
- The VIX spiked up 7% in half an hour.
- Trump announced a 25% tariff on Mexico and Canada, and a 10% tariff on China, effective tomorrow.
Trading and Investment
- The speaker is trading crypto with low leverage to reduce risk.
- They recommend trying out different exchanges, such as BTCC, Blofin, CoinW, and BitionX.
- They mention that Genius Group is raising $33 million to buy more Bitcoin, and Micro Strategy is buying $584 million worth of Bitcoin.
Bitcoin Adoption
- El Salvador has bought 46 Bitcoin in the last 30 days, bringing their total to 6,050 Bitcoin worth $634 million.
- Multiple states in the US are trying to pass bills to buy Bitcoin, with 18 states currently in the process.
- Utah and Arizona are in the final stages of approval.
Warning and Conclusion
- The speaker warns of volatility and scammers in the crypto space.
- They advise being careful and cautious when investing in crypto.
- They will continue to provide updates and analysis in future videos.