Coin-Turk 4 minutes ago
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Bitcoin 
$84,126 prices continue to hit new lows as losses mount. The reasons for this decline are clear and evident. While Trump initially appeared very supportive of cryptocurrencies, his policies have led to disastrous outcomes in the market.
What’s Causing the Cryptocurrency Drop?
Trump announced that a 25% additional tariff on the European Union would soon take effect. Predictions suggest that this extra tariff could be implemented as early as April. Furthermore, there remains a threat of retaliation concerning digital tax policies. Sources from AFP reported that the EU would respond swiftly and firmly to Trump’s recent announcements.
“The EU will respond harshly and immediately to the U.S. tariffs – based on a source from the European Commission,” AFP reports.
This situation has resulted in chaos. The EU is likely to retaliate with similar tariffs, significantly increasing the prices of goods heading to the U.S. Even before these additiona…
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