🚨 $BTC Drops Below $109K as Trump Proposes New Tariffs on EU! 🚨
After a month of calm and even positive developments between the US and China, President Trump is back with new threats—this time targeting the EU. He’s proposed a 50% tariff starting June 1, claiming the EU was created mainly to take advantage of the US, causing a trade deficit of over $250 billion annually.
His statement hit the crypto markets hard. Bitcoin slipped below $109,000 after hitting a recent high of $111,000, while altcoins also turned red. Liquidations surged past $450 million, with nearly 150,000 over-leveraged traders wiped out in just one day.
After a strong rally in recent weeks, this move signals increased volatility and challenges ahead for crypto investors.
Stay alert and watch the market closely! 📉⚠️