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Bitcoin Drops Below $109K After Trump Threatens 50% Tariff on EU Goods


The cryptocurrency pulled back in early morning trading on Friday after hitting a new all-time high on Thursday afternoon. BTC Dips Below $109K as Trump’s 50% EU Tariff Sparks Market Jitters The so-called “Trump effect” was on full display Friday morning when President Donald Trump announced a...

Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M


Key points:Bitcoin joins risk assets in a knee-jerk reaction to the latest instalment of the US trade war, this time focused on the EU.BTC price action dives up to 4% before recovering with $110,000 now a resistance level.Traders demand that price holds higher levels going forward to protect...

Tariff doubts push NFL, NBA to bet big on digital merch


As more and more businesses are impacted by tariff volatility, some executives, like Ridhima Kahn, vice president of business development at Dapper Labs, are viewing the assault on the cost of physical goods as another use case for digital markets powered by blockchain to shine.“I’m...

Bitcoin price sells off after Trump’s US-China tariff deal — Here is why


Key takeaways:Bitcoin lags as investors shift toward stocks after the US and China strike a deal that could end the current trade war.Macroeconomic conditions are swinging away from gold investing and back to stocks. Bitcoin (BTC) reached its highest price in over three months at $105,720...

Bitcoin, altcoins poised to rally on US-China tariff agreement


A 90-day tariff agreement between the US and China may set the stage for a broader recovery of stock and cryptocurrency markets, as investors look ahead to a potential tax relief package.The White House announced on May 12 that the two countries will reduce their respective tariffs to 10% for...

Worst-Case Tariff Scenario Could Hike Game Console Prices By Over 69 Percent


President Trump hit a 90-day pause on a whole raft of “reciprocal” tariffs aimed at U.S. trading partners around the world. While many seem skeptical that the heavily criticized and widely unpopular import taxes could come back, what if Trump decided to do just that? A new report models what would...

Trump Launches A Surprise Attack On Anime


President Trump is telling people to buy fewer Barbie dolls. The Xbox Series X is now $100 more expensive than it was a month ago. And now even anime is threatened by the administration’s ongoing trade war. Trump recently threatened 100 percent tariffs on all foreign-made movies like Avengers:...

Bitcoin unsure as recession looms, US-China tariff talks kick off


Bitcoin’s recovery to its all-time high may be threatened by rising recession fears, which could ease if the United States and China begin tariff negotiations this month, research analysts told Cointelegraph.Appetite for global risk assets such as Bitcoin (BTC) may take another hit, with...

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