Tag: tariffs

BTC falls to $ 109K after Trump threatens 50% tariffs in the EU

[ad_1]

  • Bitcoin’s price fell to a minimum of $ 107,385 on Friday when actions and cryptocurrencies collapsed.
  • BTC fell next to Wall Street after the president of the United States, Donald Trump, recommended a 50% tariff to the European Union.
  • According to Coinglass data, the total 24 -hour liquidation shot more than USD 550 million.

    • Bitcoin fell more than 2.7% on Friday after the president of the United States, Donald Trump, recommended a 50% tariff to the products of the European Union.

    As world actions fell in the middle of the threat of Trump tariffs, the price of Bitcoin (BTC) collapsed below the USD 110K to reach minimums of USD 107,385.

    However, with the Dow Jones industrial average also experiencing a slight recovery of a fall of more than 500 points, the price of BTC was quickly recovered to quote above the USD 109,600.

    Bitcoin Price Graph of coinmarketcap

    More than 300 million dollars liquidated

    The 24 -hour losses were around 1.7% at the time of writing this article, and the daily volume of BTC operations fell 30% to USD 65.5 billion. Bitcoin’s market capitalization was around the USD 2.17 billion.

    Meanwhile, the upward traders surprised in the offside by the sudden pricing oscillation experienced amazing settlements.

    According to Coinglass datathe total 24 -hour liquidation increased to more than USD 550 million, with long positions that represent more than USD 395 million. Of these recent lengths, around USD 309 million occurred in the hours after the publication of President Trump in Truth Social. The shorts represented around USD 156 million in liquidations in the last 24 hours, with around USD 36 million in the last four hours.

    What did Trump say?

    On Friday, the president of the United States, Donald Trump, went to his Truth Social account to announce their disappointment for how they have progressed – or not – so far commercial conversations with the European Union.

    According to him, the EU “has been very difficult to deal with” and that the discussions between the United States and the block did not go anywhere. Trump said that he recommends a “direct tariff of 50%” to EU products, as of June 1, 2025.

    “The European Union, which formed with the main purpose of taking advantage of the United States in commerce, has been very difficult to deal with. Its powerful commercial barriers, VAT taxes, ridiculous corporate sanctions, non -monetary commercial barriers, monetary manipulations, unfair and unjustified demands against US companies, and more, have led to a commercial deficit with the US 250,000,000 a year, a number that is totally unacceptable, ”Trump said.

    Bitcoin’s price reacts and falls below 110 thousand dollars

    The actions and cryptocurrencies fell after this announcement. Bitcoin, who had reached a new historical maximum above $ 111,000, cut some of these profits.

    However, despite the fall, BTC is again above 109 thousand dollars and seeks to recover the 110 thousand dollars. Anthony Pompliano says that investors will quickly buy the fall, as happened in recent weeks in the middle of sales related to tariffs.

    BTC quoted around USD 109,692 at the time of writing this article.

    Share-This-Article
    Categories



    [ad_2]

    https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fbtc-cae-a-109k-despues-de-que-trump-amenace-con-aranceles-del-50-a-la-ue%2F

    Bitcoin falls below $ 84,000 while markets react to tariffs

    [ad_1]

    • The price of Bitcoin fell to a minimum of $ 82,131, falling to levels seen in November 2024.
    • The massive sale of BTC occurs after the last announcement of Trump tariffs, including 25% tariffs for the EU.
    • The shares also fell, and the S&P 500 lost 500 billion dollars.

    The price of Bitcoin fell more than 6% in 24 hours to break below $ 84,000 on Wednesday. It should be noted that the price of Bitcoin has touched its lower levels since November 2024, when it rose in the midst of the electoral impulse.

    According to the cryptocurrency merchant and actions, the market is bassist . BTC was sold when the cryptocurrency market reacted to the feeling of commercial war, this occurred immediately after the last announcement of tariffs of President Donald Trump.

    After announce That 25% tariffs to Canada and Mexico and 10% to China will enter into force in April, Trump said he would impose 25% tariffs to the European Union. The news dropped the S&P 500, with more than $ 500 billion in market capitalization eliminated.

    Bitcoin falls in the middle of ETF outings

    As the shares reacted to the possible commercial war, Bitcoin collapsed below the $ 84,000. According to Coinmarketcap data, the BTC price reached minimum of $ 82,131.

    The BTC price also collapsed in the midst of a mass sales pressure from ETFs. The main emitters Fidelity, Ark and Grayscale sold. Blackrock, who sent millions of dollars in BTC and ETH to an exchange on Tuesday, also got rid of $ 150 million of the flagship currency.

    https://twitter.com/arkham/status/189483978607208800

    While the bulls had recovered above $ 84K at the time of writing this article, the feeling is still weak and it is possible that the $ 80K will be proven again.

    Cryptocurrency analyst Rekt Capital shared the graph below. According to analysts, markets are discounting a possible “rebound in inflation” and investors are considering possible increases in goods prices.

    “What is interesting is the sharp divergence between gold and Bitcoin since the commercial war began. While gold has risen +10%, Bitcoin has dropped by -10%, although Bitcoin is historically considered as a “coverage” against uncertainty, “said Kobeissi’s letter.

    Share-This-Article
    Categories
    Tags



    [ad_2]

    https%3A%2F%2Fcoinjournal.net%2Fes%2Fnoticias%2Fbitcoin-cae-por-debajo-de-los-84-000-dolares-mientras-los-mercados-reaccionan-a-los-aranceles%2F

    Exit mobile version