Trump talked a lot about Bitcoin before the election to get the support of Bitcoin lovers. And even after the election, he talked about Bitcoin for a few days. But now he is talking in favor of Israel and on the other hand is making various changes to the law regarding VAT tax. The whole world has now started talking against Trump. And due to such activity in the world, the crypto market has started going down, and Bitcoin and other fall top coins have already gone down a lot. Trump has now become a threat for crypto.
What he has just showed us is the reality of life after election. You know the people that were expecting the most from him are the Bitcoin community, they want to see Bitcoin becomes legal because you know we are impatient and he has to play along. If he doesn't say anything about Bitcoin from now till the end of the year, I will not be shock because there is nothing economical about him and US economy, it's the ones he knows he is currently fighting for and that's the tarrif interest.
He is doing everything to proof to the world that America is not a weak country and a country every country can't do without but then we all know he is bluffing with those tariff, even the US can be sustain with those numbers unless he want to tank the US growth by more than 50% cos tell me, who is going to pay 50% tarrif? On what bases even if the relationship trade is benefiting other countries, they will fall out of line but time will tell, I still don't think this 90 days cool off will change anything.