Bitcoin $94,893 price has dipped below 84,000 dollars again as this article is being prepared. The reasons for this decline are clear. While Trump continues to make wildly inconsistent statements, he seems oblivious to the impact of his words. Today, even the CEO of JPMorgan invited Trump to engage in discussions with China, amidst perplexing comments he made just moments earlier.
Cryptocurrencies Are Set to Decline
China is not backing down and is suggesting that a compromise may be possible under shared conditions with the U.S. In doing so, they mock the United States. AI videos showing overweight Americans working on production lines reveal that China is not overly troubled by the ongoing trade war. Meanwhile, Trump continues to issue highly inconsistent statements.
Just hours ago, Trump suggested a potential agreement with China, but now he is saying, “Countries might want to choose between us and China.” Previously, the White House Press Secretary stated, “We don’t have to agree with China.” With these back-and-forth statements, America appears to lack a clear stance.
Today, even JPMorgan CEO Dimon expressed concerns about the uncertainty affecting America’s future. He went even further, suggesting that the U.S. needs to engage in talks with the Beijing administration. The EU’s declarations of being unable to make progress in negotiations, along with dramatically divergent statements about China from the U.S., indicate that April could be a difficult month for cryptocurrencies.
However, if the U.S. begins to stabilize and make “consistent” retreats, they may not fully recover from the damage caused, but could repair some of the havoc wreaked by this absurdity.