๐ฅ THE $2.5 TRILLION MISUNDERSTANDING
#MarketUpdate #Binance #TrumpTariffs
๐ Timeline Recap:
OCT 9: China issues rare earth export controls โ a standard regulatory update.
OCT 10 (26 hours later): Trump reacts to the headline, calling it an export โBANโ, and threatens 100% tariffs.
๐ The Fallout:
$2.5 Trillion wiped from the S&P 500
$20 Billion in crypto liquidations
Global panic & forced deleveraging
๐ฌ Later Clarification:
China confirms โ โControls โ Banโ, approvals will continue.
Translation: The entire meltdown was triggered by a misread headline.
๐ง No conspiracy. No grand strategy.
Just outdated info + poor reading comprehension = $2.5 trillion gone.
Welcome to 2025, where markets crash faster than people can fact-check. ๐คก
#CryptoNews๐๐ฐ๐ซ #MarketCrash #TrumpEffect #GlobalMarkets #writetoearn