Is Crypto In Trouble Due to Trump's Tariffs??

CryptosRUs

Introduction to Crypto Cruise and Tesla Cyber Truck Review

The host is reviewing their Tesla Cyber Truck, driving it while recording the video, and utilizing its Full Self-Driving (FSD) feature.

Market Update and Tariff Announcement

  • The crypto market is falling due to uncertainty, partly caused by Trump's announcement of tariffs on Canada, Mexico, and China.
  • The tariffs are 25% on goods from Canada and Mexico, and 10% on goods from China, with energy products being 10% from Canada.
  • The announcement has caused panic, with Canada already threatening to retaliate with steep tariffs.
  • Economists believe this move could lead to trade wars, causing inflation to rise.

Impact on Crypto Market

  • Bitcoin has fallen, but the host believes it won't sell off more than it has before, possibly bouncing off the $99 support level.
  • Altcoins are taking a bigger hit, but the host remains bullish, seeing the current situation as a buying opportunity.

Tesla Cyber Truck Review

Exterior

  • The host loves the unique, menacing presence of the Cyber Truck, despite initial reservations.
  • The 35-inch tires and air suspension provide a comfortable ride and up to 14 inches of ground clearance.

Interior

  • The interior is minimalist, with a large screen and comfortable seats.
  • The quality and fit are good, making it a pleasant driving experience.

FSD Feature

  • The Cyber Truck's FSD (Full Self-Driving) feature is impressive, allowing the car to drive itself most of the time.
  • The host believes Elon Musk's goal of achieving unsupervised FSD could be realized with more data collection.

Conclusion

  • The host concludes by urging viewers not to panic about the market situation and expressing enthusiasm for the Tesla Cyber Truck, particularly its FSD capabilities.