📉 Bitcoin plummets to $$ 93,000 amid Trump's new trade war

The cryptocurrency market started the week in strong turbulence, with Bitcoin (BTC) falling 8% and trading at $$ 93,100. Other cryptocurrencies also faced significant drops, as investors react to the new trade war triggered by the United States.

📌 Crypto Market Crash

🔻 Bitcoin (BTC): -8% (US$ 93.100)

🔻 Ethereum (ETH): -20% (US$ 2.500)

🔻 Solana (SOL): -13% (US$ 184)

🔻 XRP: -28% (US$ 2)

🔻 CoinDesk 20 (CD20): -17%

🔻 Memecoin TRUMP: -12%

💸 In total, US$ 1.3 billion in long positions were liquidated in the last 12 hours, including US$ 400 million in ETH and US$ 300 million in BTC, according to CoinGlass.

⚠️ What caused this drop?

📌 The determining factor for the mass liquidation in the market was the announcement of 25% tariffs on imports from Canada and Mexico, made by Donald Trump.

🌍 The global repercussion was immediate:

🛑 European Union: announced that it will respond “firmly” if tariffs are applied to its member states.

📈 Experts warn: tariffs could boost inflation and destabilize the economy.

📰 Wall Street Journal: called the measure “the stupidest trade war in history”.

💬 Meanwhile, the United Kingdom may escape the tariffs, with Trump suggesting a possible agreement. The former president, in turn, responded to the criticism on Truth Social, stating that his opponents were “being financed by China”.

🔮 What to expect now?

📊 The market is on high alert 🚨. Volatility remains high and investors remain alert to the next steps:

✅ Reactions from affected countries

✅ Impact on the global economy

✅ Trump's next statements

The scenario is still uncertain, but one thing is clear: the storm in the cryptocurrency market may be just beginning. 🌪️💰