Bitcoin Tumbles Under $108K—Trump’s Tariff Surge Wipes Out Weekend Rally

Bitcoin's weekend rally just got Trumped.

The flagship cryptocurrency nosedived below $108,000 after former President Trump escalated trade tensions with fresh tariffs—erasing all its recent gains in a classic 'buy the rumor, sell the news' move. Traders who chased the weekend pump are now licking their wounds.

Market analysts point to the tariff announcement as the catalyst, though let's be honest—whenever Wall Street needs a scapegoat for crypto volatility, politicians make convenient punching bags. The real culprit? Same as always: leverage liquidations and paper-handed retail traders.

This dip puts Bitcoin back in its 2025 consolidation range, proving even digital gold isn't immune to macroeconomic headwinds. But history shows these pullbacks often precede explosive moves—assuming the Fed doesn't 'temporarily' suspend crypto trading 'for your protection.'