US Financial Conditions Tighten As Tariff Dey Cause Wahala, E Dey Affect Crypto Stability
Lately, U.S. money matter dey tight well well, reach level wey dey like when pandemic start for 2020. Na because stock market dey lose money and tariff dey make economy no dey sure. The tariff wey Trump government put don make economy dey slow down more, bond market dey shake body more, and gold price don reach the highest ever. Nasdaq fall yakata, and U.S. dollar don reach six months lowest. All this wahala don make people dey fear for equity market, and crypto market dey worry too because Bitcoin dey try stay strong but e no dey go up. Dem expect Federal Reserve to support government debt later, so we no know wetin go happen now, and people dey fear say economy go spoil more. For crypto traders, this one mean say market fit no settle unless bond yield settle.
Bearish
News dey show say U.S. financial condition dey tight well well and market dey shake more than before, wey be say economic wahala like tariff and growth wey dey slow down dey cause am. Normally, this one dey make market no dey smile for risk assets like cryptocurrencies. How market be during 2020 pandemic show say until we clear eye see wetin dey cause this wahala, crypto market fit dey sell dey go down, wey go make am hard for am to go up.