Bitcoin price decreases by 4% while Trump EU’s tariff talks liquidates more than $ 300m
Basic Points:
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Bitcoin joins the risk assets to the knee reaction to the latest installation of the US trade war, this time it focuses on the EU.
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BTC price action dives up to 4% before recovering with $ 110,000 now a level of resistance.
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Entrepreneurs demand that the price holds a higher level forward to protect the bullish momentum.
Bitcoin (Btc) Flash’s volatility on May 23 Wall Street has been seen open as the news titles are liquid long.
Trips to Bitcoin while Trump says the EU is talking about “nothing going”
Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD whipping lows of $ 107,367 on Bitstamp before rebounding.
It was marked daily losses of up to 4% as markets reacted to comments from US President Donald Trump in tariffs in the European Union.
“Our discussions with them won’t go anywhere!” Trump wrote in a post in social reality.
“Therefore, I recommend a straight 50% tariff in the European Union, beginning June 1, 2025.”
US stocks react immediately to tomorrow, including the S&P 500 and Nasdaq Composite Index dropped by 1% and 1.2%, respectively, at the time of writing.
Meditation -Lets the latest developments, the participants in the crypto market have not been reviewed, provided by There are already ahead for volatility related to tariffs.
“Nice Aggregate Flush of Long Leverage & De-risk selling from the spot,” Popular Trader Skew Summary In a post on X.
“Everything is driven by titles again.”
Data from the resource tracking Coinglass Put a 4 -hour liquid at about $ 350 million, with a 24 -hour tally over $ 500 million.
“There is a break from compression with a push from Trump. The world’s markets clearly dislike the news,” fellow businessman Daan Crypto Trades continued.
“It is necessary to see where it is fixed today and how the BTC ends with the relatives of the Kaba -Child in equality -today’s trade uncertainty is back.”
Commenting on the Macro’s view, the Kobeissi letter of the letter of the Kobeissi letter suggested that the Trump administration was caught between a stone and a difficult place.
“We now find out: Too much tariff pressure causes a basic trade to relax. Too little tariff pressure causes increased inflation expectations,” it wrote in the part of AN X response.
“Now, President Trump should find a middle ground to maintain tariffs but also prevent treasury’s yields without feeding.”
Kobeissi pointed out that the Federal Reserve did not want to reduce interest rates despite the decline of inflation-a major ingredient in further risk-assets reversed.
Related: Bitcoin consumer dominance at $ 111k suggests ‘another wave’ of gains
Everywhere, eye entrepreneurs of BTC price levels to maintain forward as the market demands a rebound.
“We have to touch the green zone,” Traders Crypto Caesar Argued Next to a chart showing a place of interest immediately below $ 110,000.
Another businessman, Poseidon, recognized the comparison of a lack of resistance above the price of the area, maintaining the open door easily reversed.
Don’t forget: above here, it is nothing but thin air. There is no objection to vision.$ Btc pic.twitter.com/UGQEGQICPD
– Poseidon (@cryptoseidonn) May 23, 2025
“The Front ran a $ 110k tag,” Skew continued next to a chart of the book’s book’s liquidity concentration.
“Important level from here for the market to the auction above (key for continuity).”
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