key points:
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Bitcoin is involved in the Risk property in response to the knee shock for the latest installment of the US trade war, this time focused on the European Union.
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BTC price action dives up to 4% before recovering with $ 110,000 now a resistance level.
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Traders demand that the value moves higher levels to protect the speed of boom.
Bitcoin (BTC) saw flash instability in Wall Street of May 23, as Long’s headlines in the news headlines.
Bitcoin trips as Trump say that the European Union is “not going anywhere”
Data Pro from cointelegraph markets and Tradingview Prior to rebounding, Bitstamp was shown to be hitting BTC/USD of $ 107,367.
This marked the daily loss of up to 4% as the markets reacted to the comments of US President Donald Trump on tariffs on the European Union.
“Our discussion with them is not going anywhere!” Trump has written in a post on Truth Social.
“Therefore, I am recommending a 50% tariff directly on the European Union starting from June 1, 2025.”
US stocks responded immediately in the open, with S&P 500 and Nasdaq Composite Index 1% and 1.2% respectively at the time of writing.
Considering the latest developments, the Crypto market participants were unaffected, given the current example for tariff-related instability.
Popular merchant slant Abbreviation In a post on X.
“All are once again powered by the headlines.”
Data from monitoring resource Coalus Keep a 4-hour liquidation in about $ 350 million with a 24-hour tally at more than $ 500 million.
Fellow trader dan crypto trades “There is a break from a push in markets worldwide worldwide. Ongoing,
“It will have to see where it resides today and how BTC ends, the performance relative to equity is now returning to trade uncertainty.”
Commenting on Macro Outlook, the trading resource letter suggested that the Trump administration was caught between a rock and a difficult place.
“We have now learned: a lot of tariff pressure Aadhaar causes the business to open. Very low tariff pressure causes an increase in expectations of inflation,” it is written in one part of X reaction,
“Now, President Trump will have to find a middle ground to maintain tariffs, but the yield of the treasury should also be suppressed without fed cuts.”
Kobissi referred to the reluctance of the Federal Reserve, which is in a hurry to cut the interest rate despite the fall in inflation-an important component in the risk-crosser.
Connected: Bitcoin at $ 111K suggests ‘another wave’ of buyer’s dominance gains.
Somewhere else, the traders looked at the major BTC price levels to move forward as the market demanded a reversal.
“We need to keep a green zone,” Trader Crypto Caesar Argued Along with a chart -showing an area of interest below $ 110,000.
Another businessman, Posidon, accepted the comparative lack of resistance above the spot price, reversing the door easy.
Don’t forget: Here, it is nothing but thin air. No resistance in sight.$ BTC pic.twitter.com/UGQEGQICPD
– Posidon (@cryptoposeidonn) May 23, 2025
The “Front went on $ 110K tag,” the scav order book continued with a chart of book liquidity concentrations.
“For the market from here to auction significant level (key to continuity).”
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
