floofloof@lemmy.ca to politics @lemmy.worldEnglish · 1 month 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 · 1 month agomessage-square5fedilinkcross-posted to: world@lemmy.world
minus-squareBrianTheeBiscuiteer@lemmy.worldlinkfedilinkarrow-up17arrow-down2·1 month agoEven crypto is going down? That because of mining equipment?
minus-squareWildfire0Straggler3@lemm.eelinkfedilinkEnglisharrow-up20·1 month agoUnlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
minus-squareCthuluVoIP@lemmy.worldlinkfedilinkEnglisharrow-up12·1 month agoOf course it does. It’s a commodity and not a currency.
minus-squarethen_three_more@lemmy.worldlinkfedilinkarrow-up1·1 month agoWhen investors get jittery they’re less likely to put money into anything high risk
Even crypto is going down? That because of mining equipment?
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.
When investors get jittery they’re less likely to put money into anything high risk