Once again, he comes out to talk nonsense. He always ends up getting heated in conversations and then fails to follow through.

After a month of calm regarding tariffs and even some positive developments between the US and China, the US President has started to threaten partners again.

This time, it is solely aimed at the European Union.

Trump suggested imposing a 50% tariff starting June 1.

His statement, issued a few minutes ago, has had a profound and direct impact on the cryptocurrency market, just like previous announcements related to tariffs.

The price of Bitcoin, after hitting an all-time high yesterday, fell several thousand dollars, dropping below $109,000, reaching a low of $107,250.

Looking back, after Trump launched a trade war against almost all countries a few months ago, this asset saw a significant decline. BTC hit bottom on April 7 and 9, with prices falling below $75,000, marking a new low in five months.

As the global economic situation improves, and even the economic conditions between the US and China show signs of betterment, Bitcoin has begun to rally, rising over $35,000 in a month and a half, breaking the historical high of January.