Bitcoin's bullish momentum was derailed by U.S. President Trump's tariff threats towards the European Union.
Trump's tariff actions have caused significant volatility in the market, impacting Bitcoin's price movements.
Despite initial drops in Bitcoin's price due to tariff announcements, the market has shown resilience and recovered in response to geopolitical developments.
Santiment highlights the impact of geopolitical tensions on Bitcoin's price fluctuations, with the next tariff decision expected on July 9.