Bitcoin Drops Below $93,000 As US-EU Tariff War Intensifies

https://web.ourcryptotalk.com/news/bitcoin-drops-to-92000-amid-us-eu-tariff-war

13 Comments

  1. tldr; Bitcoin dropped below $93,000, losing over $2,000 in value, as tensions escalated between the US and EU over new tariffs. President Trump announced a 10% tariff on goods from eight European nations, potentially increasing to 25% by June, linked to a controversial push to purchase Greenland. The EU is preparing countermeasures, including a €93 billion tariff package. The geopolitical risks have caused volatility in global markets, including cryptocurrencies, with Bitcoin briefly rebounding to $95,000 but facing further uncertainty.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

  2. sick of this tariff shit every single time we have a little 10% day here comes more tariffs and the price tanks

  3. Europe will lose this battle. They will capitulate, America will have Greenland to better protect the north, and the markets will forget all about it in a week.

  4. I would understand this if it dropped when the headlines did, but everybody already knew this for days and then it dropped 3 percent, in an almost vertical line within the span of 10 minutes, at a seemingly random time on a Sunday afternoon. Make it make sense.

  5. I knew it was a fake-out, and sure enough it was.

    We are going down, love it or fucking hate it. We are…going…down…

  6. Glittering-Local-147 on

    Bitcoin climbing?

    Announce Tariffs.

    Buy Bitcoin

    Cancel tariffs

    Profit

    Rinse and repeat