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QCP: Trump's tariff plan has exacerbated market anxiety and the decline of cryptocurrency assets

QCP: Trump's tariff plan has exacerbated market anxiety and the decline of cryptocurrency assets

Bitget2025/03/04 13:15

Golden Finance reports that QCP Capital stated on its official channel that Trump's renewed push for tariffs on Canada, Mexico, and China has intensified the decline of crypto assets, reinforcing investor concerns about escalating trade tensions. The unexpected inclusion of XRP, SOL and ADA tokens in the reserve plan has caused disagreements within the crypto community. The market's initial optimism about the project's advantages has shifted towards deeper scrutiny. Current doubts mainly focus on potential contradictions between this plan and DOGE cost reduction measures, as well as issues with opaque sources of reserve funds.

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