Bitcoin pushed against Trump’s statements about duties against the EU

The Bitcoin course descended below $ 108,000 after the statement of US President Donald Trump on the intention to introduce 50% of June 1% to import products from the EU. Volume The liquidation per day reached $ 550 million.

Data: Truth Social.

Washington is currently negotiating with Brussels within the 90-day tariff armistice. According to Financial Times, progress in the dialogue does not meet the expectations of the US side.

Trump named the US trade deficit with the European Union of $ 250 billion “unacceptable” (the post indicated $ 250 million) and accused the EU of introducing barriers, including VAT, penalties against corporations, currency manipulations and judicial persecution.

In addition, the White House Head threatened to lay 25% of Apple’s products if the company does not return production to the United States.

Data: Truth Social.

The actions of European auto manufacturers lost 3.3-4.5%, which caused the stock indices in the region. Futures on the S&P 500 loses 1.5% before opening exchanges in the US.

Against the background of exacerbation of Trump’s rhetoric, gold increased by 2%, the demand for state bond of developed countries increased. Bitcoin was below $ 108,000, but subsequently partially recovered to ~ $ 109,000. The price is currently ~ $ 108,800.

15-minute BTC/USD graph at Binance. Source: TradingView

During the day of liquidation in the market, $ 550 million was exceeded, of which more than $ 400 million is in long positions.

Data: Coinglass.

On May 22, Bitcoin updated the local maximum, approaching $ 112,000 against the background of stable inflows to stock exchange funds.

Recall that Standard Charterre predicted bitcoin growth to $ 120,000 in the second quarter.

The gun