One of the major areas that plays significance in the crypto market, just like every other financial institution, is international policies. Ever since the first Bitcoin started trading, local and international policies have caused major shifts in the market.
More importantly, as crypto adoption goes mainstream, large investors, nations of the world, and institutions (the ones who control the market) make certain decisions based off different policies, and some of these decisions make or break the crypto market.
Over 24 hours, the result of a new international policy that caused major cryptocurrency prices to tank led to the death of a major crypto influencer. Konstantin Galish, according to various reports from reliable sources, was found dead in his Lamborghini hours after the crypto market crashed.
Konstantin Galish was a popular Ukrainian crypto influencer and investor and blogger known online as Kostya Kudo. He was the co-founder and CEO of Cryptology Key, a trading academy that helped educate people about cryptocurrency and generally how to invest in blockchain.
As of the time of writing, the YouTube channel where different topics on cryptocurrency are being shared has a little bit over 97,000 subscribers, and its Instagram page is followed by more than 100,000 users. Many in the crypto space admire his teachings on crypto investing and trading.
According to the details shared, the crypto influencer was found dead inside his Lamborghini in Kyiv on Saturday. The incident was discovered in the Obolon district of Ukraine’s capital. Significantly, his sudden death came hours after the crypto market experienced a major crash, and the prices of top tokens like Bitcoin, Ethereum, Solana, and many other coins fell sharply on Friday.
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Although the actual date of his death has not yet been verified, the Ukrainian authorities are still investigating the actual cause of his death. But so far, it has been confirmed by his personal telegram and that of the cryptology key that the 32-year-old influencer has passed.
Some experts related his death to the 100% tariff increase President Trump announced Friday. According to Him, all “critical software” imports from China would come with a 100% tariff. This new tariff was added to the existing 30% tariff, raising the total tax on Chinese imports to 130%.
Due to that news, global investors, especially those that hold high stakes in cryptocurrency, panicked and then sold off their holdings. Some experienced analysts in the crypto market have explained that Chinese investors hold significant stakes in the global crypto market, and the new tariffs created uncertainty and fear in the market.
As a result, prices of major cryptocurrencies like Bitcoin and Ethereum dropped significantly. So far, many influencers and social media users have poured out their tributes, with countless users expressing sadness and disbelief.
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