floofloof@lemmy.ca to politics @lemmy.worldEnglish · 7 days agoTrump'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 · 7 days agomessage-square5fedilinkcross-posted to: world@lemmy.world
minus-squareBrianTheeBiscuiteer@lemmy.worldlinkfedilinkarrow-up17arrow-down1·7 days agoEven crypto is going down? That because of mining equipment?
minus-squarethen_three_more@lemmy.worldlinkfedilinkarrow-up1·7 days agoWhen investors get jittery they’re less likely to put money into anything high risk
minus-squareWildfire0Straggler3@lemm.eelinkfedilinkEnglisharrow-up20·7 days agoUnlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
minus-squareCthuluVoIP@lemmy.worldlinkfedilinkEnglisharrow-up12·7 days agoOf course it does. It’s a commodity and not a currency.
Even crypto is going down? That because of mining equipment?
When investors get jittery they’re less likely to put money into anything high risk
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.