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What Has Trump Done To Crypto? 💔 + $RUNE Rescue And BTC Problem

Author
Token Metrics
Published
Mon 03 Feb 2025
Episode Link
None

 Market volatility in the cryptocurrency market is the central theme of today's podcast driven primarily by fears surrounding President Trump's trade policies and resulting tariffs.

A significant market crash wiped out over $2 billion in leveraged positions across various cryptocurrencies. Simultaneously, THORChain, a decentralized finance (DeFi) protocol, faces a major debt crisis, attempting a restructuring plan.

The "Kimchi Premium," a price disparity in Bitcoin between South Korean and global exchanges, is spiking, adding to market uncertainty. Finally, we briefly touch on other news, such as jail sentences for a UK cryptocurrency group and upcoming regulatory changes.

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