May 23, 2025

Bitcoin Drops Below $109K After Trump Threatens 50% Tariff on EU Goods

1 min read

The cryptocurrency pulled back in early morning trading on Friday after hitting a new all-time high on Thursday afternoon. BTC Dips Below $109K as Trump’s 50% EU Tariff Sparks Market Jitters The so-called “Trump effect” was on full display Friday morning when President Donald Trump announced a 50% tariff on all European Union (EU) goods

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Source: Bitcoin.com

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