Will ‘Liberation Day’ tariffs send XRP below $2?
There is a distinct possibility that XRP below $2 could soon become a reality. Donald Trump’s ‘Liberation Day’ tariffs are set to be announced later today. While duties levied on imports don’t have a direct effect on the cryptocurrency market, they do have an indirect effect — which has proven to be no less impactful. Simply put, the budding trade war brings resurgent fears of inflation, increases the possibility of recession, and decreases the odds of long-awaited rate cuts. This tends to make investors more than a little skittish — resulting in a risk asset selloff and a pivot to more conservative holdings. Picks for you AI predicts XRP price for April 30, 2025 27 mins ago Is Bitcoin dead? Crypto fund founder slams BTC as ‘out-of-date...