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Trump's EU Tariff Threat Briefly Dips Bitcoin 📉

Trump's EU Tariff Threat Briefly Dips Bitcoin 📉

Source: theblock.co5/23/2025

Bitcoin prices dipped as President Trump threatened a 50% tariff on European imports, citing stalled negotiations with the EU. He also proposed a 25% tariff on Apple devices made abroad. This led to a notable reaction in markets, with Bitcoin falling below $108,400 and other cryptocurrencies experiencing losses. Analysts differ in their interpretations, with some viewing Trump's threat as a negotiating tactic rather than an imminent policy change. This underscores the sensitivity of financial markets, especially cryptocurrencies, to political and economic signals.