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.