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Early morning shock! Gold is going crazy, but BTC suddenly dips? All because of a single statement from Trump!
❶ Breaking: Trump imposes a 10% tariff on 8 European countries, warning of a Global Trade War 2.0!
❷ Gold: Epic surge of $50+, hitting a new all-time high! Safe-haven funds are pouring in.
❸ BTC: Flash drop of 1.84%. Was supposed to be a safe-haven asset, but ended up "eating noodles" along with US stock futures.
❹ Timing: Just as the Tokyo Stock Exchange opens at 7 AM Beijing time, Asian-Pacific traders immediately start selling off.