Panic in the Markets: Bitcoin Drags Everything Down with It.

Trump's announcement of a 50% tariff on European imports shook the markets and caused the price of Bitcoin to drop.

In seconds, the calm in the markets evaporated. The provocative announcement made by Donald Trump was enough to send the indices into a state of volatility... and dragged Bitcoin down with it. A look at an electric day showed that the leading cryptocurrency once again proved to be at the heart of global turmoil.

Trump Resumes Hostilities, and Markets Swing.

It only took a few lines posted on Truth Social to disrupt the calm stock market session. As part of his braggadocious strategy, Donald Trump announced a 50% tariff on all products imported from the European Union, effective June 1. Within minutes, the markets plummeted. The price of Bitcoin, often the first to move in times of uncertainty, fell below $108,000.

Despite the decline, it quickly rebounded, demonstrating its resilience and continued investor interest in it.

Buy and trade currencies here: $BTC