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$BTC August Storm Warning 🚨
Tariffs are implemented, the Fed is tough, and the market is under pressure.
The China-U.S. negotiations have hit a deadlock, with China firmly grasping the rare earth card, making it difficult for the U.S. to gain substantial concessions.
Starting from August 1, a 15% general tariff will take effect, fueling inflation.
The independence of the Federal Reserve is under challenge, and a strong stance on interest rates by the end of the month has become a foregone conclusion.
At the same time, the conflict between Trump and Powell intensified, dragging down the US stock market.
The tranquility of July is shattered, and August is destined to be turbulent.