🚨 Bitcoin Drops Below $109K After Trump's Tariff Warning! 🚨

Bitcoin briefly rallied to $109,198 earlier today but has now dropped to around $108,400 — and all eyes are on the key psychological level of $108,000 as the next retest zone.

📉 The sudden pullback follows Donald Trump’s strong statement:

> “No extensions on reciprocal tariffs — all payments are due from August 1.”

🔹 Trump sent official letters to 14 countries (including Japan and South Korea) confirming tariffs will be enforced from August 1.

🔹 His firm stance has reignited fears of a global trade war, shaking market confidence.

🔹 This geopolitical uncertainty is translating into increased volatility for Bitcoin, as investors weigh the impact of strained global trade relations.

🧠 What it means for BTC:

If the $108K support fails to hold, we might see further downside pressure. On the flip side, any sign of diplomatic resolution could trigger a sharp bounce.

Stay alert — the next few weeks could be highly volatile for crypto markets.

📊 Source: CoinMarketCap

🔁 Like, Comment your thoughts, and Follow @VIKAS JANGRA for the latest crypto news and analysis!

💰 If you appreciate the insights, don’t forget to use the Tip feature to support the content!