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

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

Author:
CoindeskEN
Published:
2025-07-07 18:15:28
4
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Bitcoin Slips Below $108K, Erases Weekend Gains as Trump Ramps Up Tariffs

Bitcoin's weekend rally just got bulldozed by political headwinds.

After clawing back gains, BTC nosedived below $108,000 as Trump's latest tariff threats spooked markets. The drop erases all progress made during crypto's brief reprieve—classic 'two steps forward, three steps back' for digital assets.

Market watchers sigh as geopolitics trumps (pun intended) technicals yet again. Meanwhile, traditional finance pundits smugly adjust their 'told you so' spreadsheets—because nothing validates legacy systems like a good old-fashioned crypto correction.

|Square

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