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Why is the market crashing? Let's take a look at the reasons for the market's decline together.
Trump signed the customs tariff decree.
The US will impose a 20% customs duty on Taiwan. The US will impose a 15% customs duty on Venezuela and South Korea. The US will impose a 19% customs duty on Thailand, Malaysia, and Vietnam. The US will impose a 39% customs duty on Switzerland.
The US has imposed a 15% customs duty on Turkey.
BlackRock's iShares Ethereum ETF saw record monthly inflows exceeding $4 billion in July. This marks the largest single monthly inflow since the ETF's launch.
💸 In the last 24 hours, approximately 631 million dollars worth of crypto positions have been liquidated. About 573 million of this is from long positions, while 58 million is from short positions.
CoinShares has registered the #Solana staking ETF in Delaware.
The trading volume on cryptocurrency exchanges reached $1.71 trillion in July. This was the highest monthly total volume seen since February.
🇺🇸 TRUMP: If Powell continues to refuse to cut interest rates, the Fed board should step in and do what is necessary.
🇯🇵 Metaplanet plans to issue shares worth 3.7 billion dollars with the aim of accumulating Bitcoin by the year 2027.
Franklin Templeton, Fidelity, Grayscale and others submitted updated S-1 registration statements for Solana spot ETFs.
Ripple expects tokenized assets to reach 19 trillion dollars by 2033.