#DonaldTrump
Donald Trump is looking for trouble again.
Bitcoin and other altcoins have been hit hard by the president's announcement yesterday that he will impose a 50% tariff on EU imports. BTC, which had topped $111,000 yesterday, has now fallen more than 3% to $107,400.
However, it has since recovered to $108,800. Apart from BTC, all other altcoins have also lost an average of 7% in the past 24 hours.
All $300 Million leveraged positions were liquidated.
Long positions on centralized exchanges. Over $107 million worth of BTC long positions have been liquidated. The stock market was also affected, with Apple stock immediately dropping 3.6%.
The most controversial person in the world right now is Apple CEO Tim Cook, because every iPhone sold outside the US will have to pay a 25% tax.
Right now, we should pay close attention to US-China and US-Russia news, and it is best to avoid risky trades.