The basic principle in the stock markets is that when there is an obvious risk… you run to the “exit”. And you buy “security”. The previous announcement of duties in Canada, Mexico and China by the Trump Government, was an extreme moment of confirmation of this “truth”, despite the fact that the decision, as is known, was subsequently temporarily revoked for a month. What happened in these hours from the time of the announcement of duties in the three countries, until its withdrawal or more precisely until its implementation was postponed for a month? An earthquake, or rather a sequence of seismic vibrations throughout the structure of the virtual values of crypto-fiche that resulted in a total “destruction” of $760 billion over a period of 55 to 60 hours. Yes! They were lost or better “exploded” $760 billion in cryptocurrency in a few dozen hours. There has been no similar precedent in such a scale of capital destruction in a minimum of time, in a single “market” – that of cryptocurrency – that has been ejected into the stratosphere since the Trump election for a few months. The revelation What happened at the same time that hundreds of billions of dollars were venting in cryptocurrency, in the “classical” gold market? There the situation moved in completely opposite. With such intensity and speed, the market at the moment believed that it would surpass Sunday’s shooting to Monday the $2900 an ounce. Of course it was so much damage that at the same time it was done in the stock markets, that both the destructive “deep” of cryptonomy, and the vertical rise of gold remained at the margin of attention, as the White House was already trying to manage the situation and consequences. As Mr Trump is well known after two telephones with Mexico and Canada “delayed” the application of customs duties. And markets began trying to restore and balance losses (part of them), both in the stock markets and in cryptocurrency. But the revealing “photograph” had already been taken on Sunday night. And the picture was very clear: in the face of the danger that had arisen with the realization of the Trump threat of imposing duties, investment money internationally “runned away” from so-called “digital gold”, cryptocurrencies. And he ran to hide behind the “natural gold” and other reliable “values” … If one thinks Trump has promised the “legislativeization” of kryptonomims within the existing monetary system (which has sent the capitalization of kryptonomis to the stratosphere), it is extremely revealing how much the financial markets “trust” the bitcoins of this world. The “exit” was so violent that it left more than $760 billion in the field. About $200 billion more than Nvidia lost ten days ago after DeepSeek announced. Trump Problem This fact – which unfortunately does not appear to be recorded in international media with the appropriate emphasis – beyond the revealing attitude of the financial markets towards cryptocurrency, also reveals the enormous uncertainty that accompanies the activation of Trump policy. The new president has pledged to make bitcoin even an exchange reserve for the US. But markets don’t seem to trust Trump or cryptocurrency. And in any case Sunday night the markets showed who they consider to be a true “king” of values 80 years and a few months after Bretton Woods… This may also explain the fact that the Bank of Greece now asks for more than 724 euros (!) to sell a gold pound.
Trump’s duties “discover” that bitcoin and cryptocurrency, are not… gold
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in Eco-clastics