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Crypto Crash: Bitcoin Falls to $108K After Trump’s EU Tariff Threat

  • Bitcoin fell 4.5% to $108,000 after Trump threatened EU with tariffs, causing panic across global markets.
  • Trump recommended a 50% tariff on EU goods from June 1, 2025, if not made in the U.S., triggering a sharp move in the market.
  • Cryptocurrency positions worth over $350 million were liquidated in 4 hours, with altcoins like Ethereum and XRP also plummeting 3-6%.
  • Analysts suggest this crypto cycle is different, expecting Bitcoin to hit $400K–$600K by 2026/2027 while emphasizing the complex market dynamics.

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