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Bitcoin Dropped Under $110,000 — What Could Be the Reason?

  • Bitcoin, Ethereum (ETH), and XRP prices have dropped in the last 24 hours.
  • Former President Donald Trump's proposal of a 50% tariff on EU goods may have intensified the crypto market sell-off.
  • European markets experienced a sharp decline in response to Trump's announcement, causing concerns of wider economic instability.
  • Cryptocurrency market is highly sensitive to macroeconomic signals and geopolitical tensions.

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