<ul><li>US President Trump threatens a 50% tariff on the European Union starting June 1, causing market volatility and a decline in Bitcoin price.</li><li>Trump accuses the EU of unfair trade practices, leading to trade deficits. His actions have led to a cautious approach by investors in both stock and crypto markets.</li><li>Bitcoin's price dropped by 2.61% to $107k after reaching a new all-time high. The total market valuation also fell by 2.7% due to broad market liquidation.</li><li>Despite the immediate effects on the market, experts suggest that escalating trade tensions could benefit Bitcoin in the long run as a non-sovereign store of value during global financial uncertainty.</li></ul>

Crypto Investors Flee as Trump Threatens 50% EU Tariff, Market Volatility Surges

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