š” Trump Threatens Steel Tariffs Again
President Trump said he was āhonoredā to raise steel and aluminum tariffs from 25% to 50% starting June 4. The White House also confirmed that steel tariffs would increase from 25% to 50% starting next week. Trump has made dozens of announcements regarding tariffs in recent days, but they have yet to take effect.
š Meanwhile, Bitcoin fell below $104,000 and has seen a -6.2% drop over the past week. Investors are slowly locking in profits.
š½ More than $1 billion has been liquidated in the past 24 hours. Most of the liquidated positions were Long trades.
š Donald Trump's new coin WLFI is set to launch next month with a market cap of $1.5 billion, according to World Liberty Financial. The Trump family is clearly looking to make a few more millions in cryptocurrency.