Trump's additional tariffs on Europe trigger trade war concerns, Bitcoin drops $4,000 in response

【Crypto World】U.S. President Trump recently announced a new 10% tariff on multiple European countries. Following this news, Bitcoin immediately dropped by $4000. The market’s reaction was quite straightforward—investors began to worry about possible retaliation measures from the EU and the broader trade conflicts that could ensue. This macroeconomic uncertainty often impacts risk assets, and cryptocurrencies, as high-risk assets, are naturally among the first to be affected. An escalation in trade friction usually signals a slowdown in global economic growth, leading many investors to adopt a wait-and-see attitude.

BTC-2,07%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
BearMarketSunriservip
· 15h ago
Damn, here we go again? Every time Trump opens his mouth, Bitcoin gets hammered. I’ve seen this routine so many times, haha. Tariffs and trade wars, and in the end, it’s still us retail investors who get hurt. It’s so outrageous. By the way, is that $4000 drop real? Seems a bit exaggerated... If macroeconomics can’t be stabilized, don’t expect a crypto rebound. Just have to wait and see. If the EU really retaliates, that would be interesting. It depends on how things develop next.
View OriginalReply0
TokenAlchemistvip
· 15h ago
nah this is just noise tbh. 4k dump on macro uncertainty? that's not even a real liquidation cascade. the real alpha was in the MEV extraction opportunities when the volatility spiked—most traders probably missed that inefficiency vector entirely lol
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)