#TrumpTariffs
📉 Bitcoin Dips After Trump's Tariff Threats
Bitcoin (BTC) dropped 2.5% to $108,745 following former President Donald Trump's announcement of potential 25% tariffs on iPhones and 50% tariffs on EU imports starting June 1st.
This stirred global market tension, pulling risk assets—including crypto—downward. Investors often retreat from volatile markets during geopolitical shocks.
Will BTC bounce back fast, or is a deeper correction coming?