🛡Bitcoin falls below $108,000

After a period of stability, the price of Bitcoin has dropped below $108,000

following the announcement by U.S. President Donald Trump of his intention to impose a 50% tariff on imports from the European Union starting June 1.

‏🔽 Immediate impact on the cryptocurrency market

🖥Trump's statements have led to a sharp decline in the cryptocurrency market:

💸Bitcoin has fallen by more than $3,000.

Alternative coins turned red.

🔖Trump's meme coin lost 15% of its value.

$BTC