floofloof@lemmy.ca to politics @lemmy.worldEnglish · 17 天前Trump's 104% tariffs on China to take effect at midnight, quashing earlier market gainswww.cbc.caexternal-linkmessage-square5fedilinkarrow-up1110arrow-down10cross-posted to: world@lemmy.world
arrow-up1110arrow-down1external-linkTrump's 104% tariffs on China to take effect at midnight, quashing earlier market gainswww.cbc.cafloofloof@lemmy.ca to politics @lemmy.worldEnglish · 17 天前message-square5fedilinkcross-posted to: world@lemmy.world
minus-squareBrianTheeBiscuiteer@lemmy.worldlinkfedilinkarrow-up17arrow-down2·17 天前Even crypto is going down? That because of mining equipment?
minus-squareWildfire0Straggler3@lemm.eelinkfedilinkEnglisharrow-up20·17 天前Unlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
minus-squareCthuluVoIP@lemmy.worldlinkfedilinkEnglisharrow-up12·17 天前Of course it does. It’s a commodity and not a currency.
minus-squarethen_three_more@lemmy.worldlinkfedilinkarrow-up1·17 天前When investors get jittery they’re less likely to put money into anything high risk
Even crypto is going down? That because of mining equipment?
Unlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
Of course it does. It’s a commodity and not a currency.
When investors get jittery they’re less likely to put money into anything high risk