Bitcoin $111,030.01 price The article fell to $ 109,400 at the time of being prepared, and Trump’s statements caused a decline. The latest agreements about the tariffs and the statements that the new agreements are on the road opened the door to his journey. Now Trump increases the tension again.
Why do crypto coins fall?
Donald Trump just offered 50 %customs duties to the European Union in a statement. The European Union, which has already announced that it was open to additional $ 100 billion, could not make progress in negotiations.
“It is very difficult to agree with the European Union. Strong trade barriers, VAT taxes, ridiculous corporate penalties, non -monetary trade barriers, monetary manipulations, unfair and unjustified cases against American companies, and more, led to a large trade deficit with the United States.
Our interviews with them do not conclude! For this reason, I propose a 50 %customs duty to the European Union as of June 1, 2025. If the products are produced or manufactured in the USA, customs duties will not be applied. Thank you for your interest in the subject! ” – Truith Social
Investors ECBhas increased the expectations of interest rate cuts, predict that there will be three more interest rate cuts in 2025.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.