Crypto Crash: Bitcoin Falls to $108K After Trump’s EU Tariff Threat

Quick Summary:

The sharp sell-off wiped out around $638 million in leveraged positions, as per data from Coinglass.

Analyst Michaël van de Poppe says that investors should stay open-minded over the next 1-2 years as the market could bring surprises.

Commenting on the big-picture market situation, The Kobeissi Letter said Trump is in a tough spot.

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Article Details

Author / Journalist: Nidhi Kolhapur

Category: Crypto

Markets: United StatesJapan

Topics: News Crypto news Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-24 @ 09:09:12 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 28935068

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 11 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #112

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