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Crypto Markets Shed Over $100 Billion After Trump’s Latest Tariff Threats (Weekend Watch)

Bitcoin’s price actions took a turn for the worse yesterday after US President Trump recommended a 50% general tariff against the European Union. The altcoins have also bled out on a daily scale, with more than $100 billion leaving the space within this timeframe. BTC Pushed Below $107K In general, it was a very good, some would say historic, week for the primary cryptocurrency. It started on a volatile foot as it pumped from $104,000 to $107,000 on a couple of occasions on Sunday and Monday but was stopped in its tracks and driven south hard. However, the bulls kept the pressure on, and that upper boundary finally gave in on Wednesday. Moreover, bitcoin rocketed past its January all-time high of $109,100 and set a new one at almost $110,000. It was met with immediate resistance there and a drop to $106,500, but that was short-lived. Bitcoin began another, even more impressive leg up in the following hours and tapped a fresh peak at $112,000 on Pizza Day. It retraced slightly to $111,000 on Friday but remained at around that level until the POTUS recommended a new set of tariffs against the EU to start from June 1. In minutes, BTC’s price tumbled below $107,500, bounced off, and then slipped again to under $107,000. It has recovered some ground now and sits above $108,000, but it’s still over 2% down on the day. Its market cap has plunged to $2.150 trillion, while its dominance over the alts stands tall at 61% on CG. BTCUSD. Source: TradingView Alts in Red The altcoins have followed BTC on the way south, with substantial losses of up to 10% from the likes of DOGE, ADA, SUI, SHIB, LINK, and AVAX. Ethereum has slipped by over 5% and is now down to $2,550. XRP has dropped to just over $2.3 after a 4.4% daily decline. Even more painful price drops are evident from ENA, WIF, TIA, S, IP, and PEPE as all of them have plunged by double digits. The total crypto market has lost over $100 billion since yesterday and is down to $3.530 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Crypto Markets Shed Over $100 Billion After Trump’s Latest Tariff Threats (Weekend Watch) appeared first on CryptoPotato . Bitcoin.com

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James Lavish Drops Truth Bomb: Bitcoin’s Future Path Will Shock Those Stuck In Old Cycle Thinking

Bitcoin (BTC) is entering a new era, set to defy past expectations and reshape its fundamental financial role. Key US regulatory shifts (GAAP, SAB 121) are now unlocking Bitcoin adoption by major corporations and banks. Major US banks like Chase and Citibank are actively planning Bitcoin access, signaling a structural market shift. Bitcoin (BTC) is stepping into what many observers are calling a new era; one that could fundamentally defy past expectations and reshape its very role within the global financial system. While skeptics often point to its notorious price volatility, a quieter, more profound revolution is taking place beneath the surface. Key political changes, pivotal regulatory shifts in the U.S., and surging institutional interest are all now aligning to drive Bitcoin towards genuine mainstream adoption. Investors who are only watching the day-to-day price swings might just be missing the bigger picture: Bitcoin is steadily embedding itself into the fabric of the global economy. As crypto investor James Lavish put it, what happens next for Bitcoin won’t just be another price rally, it could very well be a deep “ structural transformation .” … The post James Lavish Drops Truth Bomb: Bitcoin’s Future Path Will Shock Those Stuck In Old Cycle Thinking appeared first on Coin Edition . Bitcoin.com