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Russia tariffs and Bitcoin’s October 18 outlook

CryptoSlate reports that Trump signed a new Russia sanctions law allowing tariffs of up to 500% on Russian goods and up to 100% on major buyers of Russian energy.

CryptoSlateCR
1 Source, 20d ago, first seen 20d ago

TLDR

CryptoSlate flags October 18 as a date to watch for Bitcoin after reporting that Trump signed a new Russia sanctions law. The outlet says the law allows tariffs of up to 500% on Russian goods and up to 100% on major buyers of Russian energy. The question it raises for Bitcoin is whether those measures push oil, inflation expectations and Treasury yields higher.

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1.7K

1 Source, first seen 20d ago

3 likes

Combined views

1.7K

1 Source, first seen 20d ago

3 likes

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Sentiment

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1 Source

CryptoSlate@CryptoSlateBitcoin has another macro date to watch: Oct. 18. Trump signed a new Russia sanctions law allowing tariffs of up to 500% on Russian goods and up to 100% on major buyers of Russian energy. For Bitcoin, the question is whether those measures push oil, inflation expectations and Treasury yields higher. https://cryptoslate.com/bitcoin-faces-an-october-18-test-as-trump-prepares-new-russia-tariffs/20d
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    1 Source

    CryptoSlate@CryptoSlateBitcoin has another macro date to watch: Oct. 18. Trump signed a new Russia sanctions law allowing tariffs of up to 500% on Russian goods and up to 100% on major buyers of Russian energy. For Bitcoin, the question is whether those measures push oil, inflation expectations and Treasury yields higher. https://cryptoslate.com/bitcoin-faces-an-october-18-test-as-trump-prepares-new-russia-tariffs/20d
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