🚨 MARKET SHAKEOUT: Trump's Tariff Threats Send Bitcoin & Altcoins Tumbling! 📉

Just as the crypto market was finding its footing after the recent surge, President Donald Trump's fresh tariff warnings have sent shockwaves across the globe, causing #Bitcoin and altcoins to fall! 💥

Trump is proposing a hefty 50% tax on the EU due to stalled trade talks and threatening Apple with a 25% tax if iPhones aren't made in the US.1 🇺🇸🇪🇺

What's the impact?

Bitcoin ($BTC ) has fallen below $110,000, dropping roughly 2% today.2
Ethereum ($ETH ), $XRP , and Dogecoin (DOGE) have seen declines of approximately 3%, dragging the total crypto market valuation down by 3.5%.

This comes after Bitcoin's impressive run, surging almost 50% from $75,000 in early April to a high of $111,970 just yesterday (Thursday)! 🎢

What's next?

While this is a significant disruption, some analysts, like Nicolai Søndergaard from Nansen, believe Trump's 50% EU tax (effective June 1) is likely a negotiating tactic rather than a definite policy.

"For now, this feels like a temporary disruption rather than a structural shift, but it underscores how sensitive risk assets are to policy signals, especially in the current macro environment," he noted.

The stock market also reacted, falling initially before recovering slightly. This highlights the interconnectedness of traditional finance and crypto in the face of macro events.

What are your thoughts on these tariff threats? Will the crypto market rebound quickly, or is more volatility ahead? Share your insights! 👇

#CryptoNews #marketcrash #TrumpTariffs #MarketPullback