Trump Imposes 10% Tariffs on EU Goods — What It Means for Bitcoin
President Trump has announced 10% U.S. tariffs on imports from eight European countries — including the UK, France, Germany, Sweden, Denmark, Finland, Norway, and the Netherlands — as part of pressure related to Greenland negotiations. If no deal is reached, tariffs could rise to 25% by June 1st.
This trade escalation has already raised market uncertainty, which typically affects risk assets like Bitcoin. Historically, tariff-driven volatility has triggered sharp $BTC price swings and broader crypto sell-offs as investors retreat from risk.
However, some traders see **crypto as a hedge during geopolitical tensions**, so Bitcoin’s reaction could be mixed — with heavy short-term volatility but potential long-term demand if confidence in fiat systems weakens.
