#TrumpTariffs
Donald Trump threatened to raise tariffs on imports from Europe to 50% starting June 1, despite the 90-day 'pause' in the trade war. Following this announcement, financial markets collapsed.
BITCOIN fell below 110,000 following this announcement.
This immediate drop of 3% in Bitcoin, which fell below 108,000 dollars to around 107,300 dollars, confirms its vulnerability to geopolitical tensions.
This shock serves as a reminder that despite its status as a 'digital reserve,' Bitcoin remains extremely sensitive to macroeconomic tensions. By targeting both Europe and American tech giants, Trump sends a strong signal to the markets: protectionism could become the norm in 2025.