Bitcoin, the flagship cryptocurrency, could not establish its position above 108,000 dollars by the weekly close on May 25, while its price struggled to shake off the recent blows from the trade war with the United States. Data from Cointelegraph Markets Pro and TradingView revealed that the BTC/USD pair remained anchored near its multi-day lows, generating concern among enthusiasts of the digital ecosystem.
Following a sudden decline that followed statements from U.S. President Donald Trump regarding the imposition of a 50% tariff on products from the European Union, the cryptocurrency sphere immediately felt the pressure. This announcement unleashed a wave of selling that prevented Bitcoin from consolidating its gains, leaving 112,000 dollars as the last historical ceiling reached before this turbulence.
Global economic uncertainty, fueled by trade disputes, continues to exert a noticeable effect on the valuation of digital assets, keeping traders in a state of expectation and caution.