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Bitcoin Plummets Below $109K Amid Trump Tariff Threats

5/24/2025

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Summary

Story summary

Bitcoin's surge hit a wall as President Trump's fresh tariff threats against the EU and Apple sparked a sell-off, plunging its value below $109,000. The ripple effect shook the crypto market, dragging altcoins down with it. Analysts remain split on whether this dip signals a lasting trend reversal or just a fleeting correction amidst escalating trade tensions.

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Story summary

Bitcoin's surge hit a wall as President Trump's fresh tariff threats against the EU and Apple sparked a sell-off, plunging its value below $109,000. The ripple effect shook the crypto market, dragging altcoins down with it. Analysts remain split on whether this dip signals a lasting trend reversal or just a fleeting correction amidst escalating trade tensions.