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

cryptoweekly by cryptoweekly
May 23, 2025
in bitcoin, News
0

BTC price action becomes “driven by headlines” as US tariff war woes spark a retreat to near $107,000 — where will Bitcoin find support?

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.

Read more

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Bitcoin’s bull market will ‘redefine’ BTC’s role in modern portfolios — Fidelity research

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Recent Posts
  • GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec
  • Charles Hoskinson says audit report ‘shaping up’ for August release
  • Bitcoin 43% social chat dominance suggests 'key entry point' ahead
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained

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