Good Morning, Folks!

Hope your coffee’s strong—because the markets are definitely not!

We’re waking up to a sea of red across crypto this Friday, May 23rd. Bitcoin has dipped below the $109K level, currently hovering around $108,874 (-2.5%), while Ethereum is sliding at $2,562 (-3.7%). Even the alts are feeling the pressure—ADA, XRP, and BNB are all down 2–4%.

What’s going on?

President Trump’s surprise announcement of 50% tariffs on all EU imports and a 25% hit on iPhones not made in the U.S. has rattled global markets, crypto included. With increased recession fears and over $300 million in crypto liquidations, the bulls are taking a breather.

Market Mood: Cautious. Volatile. Watching global politics closely.

Stay sharp out there, and remember—red days bring green opportunities if you plan your moves wisely.

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