TechRussia 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.
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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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.
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.
