
IvanDizayner
@karandashur1k
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32 Followers
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On May 24, 2025, the main news in the crypto industry was a sharp market drop following statements by U.S. President Donald Trump about imposing 50% tariffs on imports from the EU and 25% on iPhones. This triggered a wave of liquidations totaling over $500 million and caused major cryptocurrencies — including Bitcoin, XRP, Solana, and Dogecoin — to fall by 5% to 7% in value.
Sources: 99Bitcoins, CoinDesk, Coinspeaker
Although Bitcoin previously reached an all-time high of $111,404, it is now trading around $108,000. Altcoins also came under significant pressure amid growing instability and fears of further trade conflicts. 0 reply
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