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Crypto Markets Shed Over $100 Billion After Trump’s Latest Tariff Threats (Weekend Watch)

  • Bitcoin's price dropped after US President Trump proposed a 50% general tariff on the EU, causing a $100 billion loss in the crypto space.
  • BTC surged to $110,000 but fell below $107,000 after the tariff announcement, currently trading above $108,000.
  • Altcoins like DOGE, ADA, SUI, SHIB, LINK, and AVAX tumbled by up to 10%, with the total crypto market losing over $100 billion in a day.
  • Ethereum dropped over 5% to $2,550, while XRP fell to $2.3 and other altcoins saw double-digit declines.

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