XRP vs. Bitcoin: Which Wins During Trump's Tariff War?
Farmers once watched the sky for storm fronts, and today, investors track the president's unpredictable tariff tweets. In early April, President Donald Trump slapped a blanket 10% levy on all imports, with even steeper surcharges for a handful of unlucky trading partners. Gold promptly ripped to record prices as investors flocked to safe assets.The crypto market's response has been a bit harder to read. Bitcoin (CRYPTO: BTC) shed 2.5% the morning Trump floated a 50% E.U. tariff. Meanwhile, XRP (CRYPTO: XRP) currently hugs $2.20 after a quiet month.Two assets, two very different narratives, and one messy set of tariff policies that seem to keep changing. Which asset looks sturdier right now? Let's dive in and figure it out.Continue reading
Farmers once watched the sky for storm fronts, and today, investors track the president's unpredictable tariff tweets. In early April, President Donald Trump slapped a blanket 10% levy on all imports, with even steeper surcharges for a handful of unlucky trading partners. Gold promptly ripped to record prices as investors flocked to safe assets.
The crypto market's response has been a bit harder to read. Bitcoin (CRYPTO: BTC) shed 2.5% the morning Trump floated a 50% E.U. tariff. Meanwhile, XRP (CRYPTO: XRP) currently hugs $2.20 after a quiet month.
Two assets, two very different narratives, and one messy set of tariff policies that seem to keep changing. Which asset looks sturdier right now? Let's dive in and figure it out.
