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DOGE, XRP Slump While Bitcoin Slips Under $109,000 Amid President Trump’s New Tariffs On EU, Apple

  • Bitcoin hit an all-time high of $111,980 before falling below $108,000 following President Trump's proposal of new tariffs on the European Union and Apple.
  • Trump suggested a 50% tariff on EU imports starting June 1 and a 25% tariff on iPhones sold in America unless built domestically, impacting Bitcoin's price.
  • Bitcoin's recent correction reflects cautious sentiment among traders and sensitivity to macroeconomic and political developments.
  • Ether (ETH), XRP, and Dogecoin (DOGE) also faced declines, with ETH trading above $2,562, XRP at $2.37, and DOGE at $0.2360 amidst the trade war fears.

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