📰 Major Events in the Cryptocurrency Market – May 23, 2025
📉 Decline in Cryptocurrency Prices Due to Trump's Threats to Impose Tariffs
The cryptocurrency markets experienced a noticeable decline after U.S. President Donald Trump announced plans to impose new tariffs on imports from the European Union, including products from Apple. This announcement led to a 3% drop in the price of Bitcoin, which fell below $109,000, and triggered liquidations exceeding $300 million in the market.