Markets. Falling again.

Bitcoin fell from $95K to $83K, with the total market capitalization below $3 trillion.

Trump again made a fuss, confirming his intention to impose duties against: Mexico - 25% on all imports, Canada - 25% on most imported goods, China - 20% on all imports.

All the aforementioned countries have decided not to bow down and give a worthy response.

Many people now write that Trump is an idiot, but this is far from true. He can be anyone: another jerk ( fits very well as a description for him), a manipulator who will sell the achievements of generations for his own benefit, but not an idiot.

I really hope that after the end of the presidential term, the Trumps will be taken by the ass and imprisoned, and with him half of his gang.

Returning to the markets.

Economic uncertainty and the beginning of a trade war have led to a crowd fleeing from risky assets (crypto, stocks) into defensive assets: dollar, gold, bonds.

Many have decided to wait and enter the market after the storm subsides.

Observation.

Look at the markets and Trump's statements: when the markets are under strong pressure, he immediately comes out in support, because he understands perfectly well that if the markets are doing very badly, he will lose the electorate that actually saved him from prison and put him in the Oval Office.

It is clear that he and his entourage are making good money on all these carousels. But this cannot last forever either.

Yesterday the stock market was falling, and today ( I am 99% sure) Trump will come out with statements in support of it. Next will be a summit on cryptocurrencies on (7 March), which is most likely to give a positive impetus to crypto.

Maybe, there they explain why they want to include ADA, SOL and XRP in the reserve. If the last one is more or less understandable, then ADA is some kind of basis.

I think the news about their inclusion in the reserve is some kind of paid action. So the guys just brought Trump some money, and he advertised them. 😅

Or another option:

They just dumped tokens into the reserves (ADA, SOL, and XRP), if so, the US will not buy them, and this could hurt these assets.

Where is the positive?

On March 6 or 7, China will consider measures to stimulate the economy. Injecting fresh money into the market is the perfect timing for the trade war.

In the USA, a special committee on cryptocurrencies has been created, the task of which is to develop legislative initiatives to support the industry.

SEC has officially closed the investigation into Yuga Labs. And this is a green light for NFTs and everything revolving around this theme.

In general, positivity at every step, the only problem is in the rate.

But I'm still betting that in April there will be a "warming" for the markets and we will start to grow little by little.