Bitcoin has plunged 4.5% in the last 24 hours, since it fell to $ 108,000 after Trump threatened to hit the EU with tariffs. Sharp Sell-off eliminated around $ 638 million in leveraged positions, according to the coinglase data. Trump said he will not make a deal with the EU, but hinted that he could delay tariffs if the EU builds factories in the United States.
Trump recommended a 50% rate on EU assets as of June 1, 2025, unless products are made in the United States
The strong movement occurred after a period of low volatility, and Trump’s comments caused panic in global markets. The upper alternatives such as Ethereum, XRP, Solana, Dogecoin and Cardano were also beaten strongly when 3-6%fell. According to Coinglass, almost $ 350 million in cryptographic positions were settled in just 4 hours, with more than $ 500 million annihilated in 24 hours.
Crypto’s actions also slid today, since BTC Treasury companies such as Microstrategy and Semler Scientific fell around 6%. Japan Metaplenet fell even harder, 24%less. Although Bitcoin reached a new historical maximum this week, Crypto’s actions did not keep up with the profits.
Is Trump in a difficult place?
When commenting on the market situation of great images, Kobeissi’s letter said Trump is in a difficult place. If you push the tariffs too strong, it could make market operations fall apart. But if it goes back too much, then inflation expectations could increase again.
Trump has to find a way to maintain tariffs high enough to show strength, but should also avoid overcoming treasure yields. And you have to do this without the help of the Fed, which still does not reduce interest rates.
This cycle is different, they say analysts
The analyst Benjamin Cowen says that Bitcoin’s recent fall resembles the typical fall that follows a golden cross. Wait for the setback to last a few days with a possible rebound next week.
Experts point out that this cryptographic cycle is much more complex and different from the past. So, there is no reason to expect the rest to follow the same 4 -year -old pattern. The analyst Michaël Van de Poppe says that investors must be kept openly in the next 1-2 years, since the market could bring surprises.
He believes that now, the possibilities are much higher than a longer cycle with Bitcoin possibly reaching $ 400k– $ 600K for 2026/2027 and Altcoins up further.
Bitcoin’s publication falls to $ 108K after the Trump EU tariff threat appeared first at Coin24H.com.