The capitalization of the cryptocurrency market in the world was 325,000 million dollars, a figure that is estimated at 159%.
This is due to different factors, such as the trade war between China and the United States, Brexit and the emergence in the cryptocurrency market of Facebook, Libra.
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Trade war
Trump wants an agreement with the EU and China
The president of the United States, Donald Trump, expressed his willingness to reach good terms in trade with China as long as this is "a good agreement for the US", as well as a deal with the European Union (EU), with respect to the Twenty…
China wants “peaceful solution” for the trade war
The Chinese government expressed its opposition to an escalation of trade disputes between China and the United States and has been in favor of a "peaceful" resolution of the war through dialogue and negotiation, according to the vice…
Chinese Yuan falls to its lowest level since 2008
The price of the yuan against the dollar sank on Monday to its lowest level since February 2008, after the resurgence since last Friday of the trade war between China and the United States before the announcement of the imposition of new…
Trump “orders” its companies to leave China
The president of the United States, Donald Trump, assured that he will respond this Friday to the new tariffs that the Chinese government has imposed on American goods for a value of 75,000 million dollars.
Trump accused the Asian giant of…
China responds with more tariffs to the United States
The Chinese Government announced the imposition from next September 1st of additional tariffs of between 5% and 10% on 5,078 products from the United States for an added value of 75,000 million dollars, according to the Ministry of Finance…
The G7 summit could end without an agreement
According to Reuters, it would be the first time that a G7 summit ends without a statement since the meetings began in 1975. The division exists because of the slogan "America First" and the trade policies that have been developed by…
Germany on the edge of the abyss of recession
The German economy suffers. The nation's GDP fell one tenth in the second quarter of the year and thus opens the door to recession after a decade of virtually uninterrupted growth. For its part, the Federal Statistical Office points to the…
Chinese companies will not buy US agricultural products
Chinese companies suspended the acquisition of agricultural products of American origin, to which the authorities of the Asian giant do not rule out imposing a new tariff, as announced by the Ministry of Commerce of China.
From the Chinese…
Huawei blames the US by decreases in its sales in Germany
The Chinese company Huawei acknowledged that US sanctions stop the sale of their smartphones in Germany, according to the statements of the head of Huawei in Germany, David Wang, to the newspaper Rheinische Post.
"Our market share in…
USA develops program to reduce dependence on China
The Government of the United States has launched a program to reduce the dependence of the US economy on Chinese exports of rare earths, minerals essential for the manufacture of components for various industrial and technological sectors,…
China’s manufacturing sector fell in May
The activity of the Chinese manufacturing sector fell during the month of May, after having grown in the two previous months, according to the purchasing managers' index (PMI) of the manufacturing sector, which stood at 49.4% from 50,1% in…