Market Insights: Coinbase Lists New Altcoin and Trump’s Strategic Moves

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The cryptocurrency landscape is bustling with rapid changes and developments. While price volatility can be frustrating for traders, we are witnessing a significant transition period. Recent inflation data released alongside the market opening was below expectations, providing strong support for the market. Although we may not see immediate price responses, the medium-term outlook remains positive. Coinbase is adding a new altcoin to its platform, and Trump continues to make intriguing statements.

Coinbase’s New Altcoin Listing

Coinbase has announced it will list Aethir (ATH) on the Ethereum (ERC-20) network. Following the announcement, the altcoin experienced a daily price surge of 7% in anticipation of its listing on March 13. While Bitcoin lingers around the $82,000 mark, exchanges are actively continuing their altcoin listings.

Trump’s Statements

The European Union has announced additional tariffs as a countermeasure against the United States. Moreover, the EU plans to impose more tariffs on strategic products that could complicate U.S. domestic politics, effective mid-April. EU officials have stated that the lengthy negotiations yielded no results, indicating the U.S. is not aligned with the agreement.

Trump’s statements raise confusion, especially since retaliatory actions could deeply impact the markets. If Trump continues to demand more after each gain, it could trigger a process that forces the U.S. into a domestic recession beyond the global trade war.

In his recent remarks, President Trump said:

“The EU has acted very harshly. We will apply mutual tariffs. I am very happy about the fall of oil. Everything is now dependent on Russia. We currently have people going to Russia; I hope we can establish a ceasefire. We have received some positive messages about the ceasefire. We are working hard to finish this. I can put pressure on Russia, but I hope it won’t be necessary. I can make financial deals that would harm Russia. We are working hard to finish this: the EU was established to benefit from the U.S. If the Democrats come around, we plan to lower taxes. I have the right to adjust tariffs. April 2 will be a significant day. There will be very little flexibility on tariffs. There is flexibility on tariffs, but there will be very little after it starts. I will respond to the EU’s counter-tariffs. Tax policy is aimed at preventing other nations from trading. There is still a large budget deficit, and we will balance this. The EU is pursuing our companies like Apple. I am not happy with the EU; we will win this financial war. The EU does not buy U.S. agricultural products or cars. We will definitely impose tariffs on cars.”

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