floofloof@lemmy.ca to politics @lemmy.worldEnglish · 7 days agoTrump's 104% tariffs on China to take effect at midnight, quashing earlier market gainswww.cbc.caexternal-linkmessage-square5fedilinkarrow-up1110arrow-down10cross-posted to: [email protected]
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 · 7 days agomessage-square5fedilinkcross-posted to: [email protected]
minus-squareBrianTheeBiscuiteer@lemmy.worldlinkfedilinkarrow-up17arrow-down2·7 days agoEven crypto is going down? That because of mining equipment?
minus-squareWildfire0Straggler3@lemm.eelinkfedilinkEnglisharrow-up20·7 days agoUnlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
minus-squareCthuluVoIP@lemmy.worldlinkfedilinkEnglisharrow-up12·7 days agoOf course it does. It’s a commodity and not a currency.
minus-squarethen_three_more@lemmy.worldlinkfedilinkarrow-up1·7 days 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