floofloof@lemmy.ca to politics @lemmy.worldEnglish · 2 years agoTrump's 104% tariffs on China to take effect at midnight, quashing earlier market gainswww.cbc.caexternal-linkmessage-square5linkfedilinkarrow-up1109arrow-down10cross-posted to: world@lemmy.world
arrow-up1109arrow-down1external-linkTrump's 104% tariffs on China to take effect at midnight, quashing earlier market gainswww.cbc.cafloofloof@lemmy.ca to politics @lemmy.worldEnglish · 2 years agomessage-square5linkfedilinkcross-posted to: world@lemmy.world
minus-squareBrianTheeBiscuiteer@lemmy.worldlinkfedilinkarrow-up17arrow-down2·2 years agoEven crypto is going down? That because of mining equipment?
minus-squareWildfire0Straggler3@lemm.eelinkfedilinkEnglisharrow-up20·2 years agoUnlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
minus-squareCthuluVoIP@lemmy.worldlinkfedilinkEnglisharrow-up12·2 years agoOf course it does. It’s a commodity and not a currency.
minus-squarethen_three_more@lemmy.worldlinkfedilinkarrow-up1·2 years agoWhen investors get jittery they’re less likely to put money into anything high risk
Even crypto is going down? That because of mining equipment?
Unlike common talking points, crypto does rely on and follow the traditional markets. Its not really a hedge against them.
Of course it does. It’s a commodity and not a currency.
When investors get jittery they’re less likely to put money into anything high risk