Bitcoin At Crossroads After Trump Tariff Shock: Breakdown Towards $106K Or New ATH?

  • Bitcoin is grappling with intensified volatility following a sharp selloff triggered by US President Donald Trump's abrupt announcement of a sweeping 50% tariff on all EU imports starting June 1. The unexpected macroeconomic move sent shockwaves through assets, and Bitcoin was no exception, dropping aggressively from all-time highs near $111,800 to lows around $107,500 in a matter of hours.