Big news in the world of cryptocurrency! Recently, there's been a lot of excitement about the US government becoming more friendly towards cryptocurrencies. But things got a little shaky when President Trump talked about adding taxes on goods from other countries. This made the crypto market, including Bitcoin, a bit unstable.
- Taxes on imports can make things more expensive.
- This can lead to less spending and even a recession.
- Crypto prices went up and down quickly because of these news.
- Some people think that because of this, gold is a better investment right now.
What happened | Number/Prediction |
---|---|
Bitcoin price after tax news | Went down then back up a little |
Potential job losses in Mexico and Canada if taxes continue | Up to 3% |
Gold's performance | Reached an all-time high |