Key points: Bitcoin joins risk assets in a knee-jerk reaction to the latest instalment of the US trade war, this time focused on the EU. BTC price action dives up to 4% before recovering with $110,000 now a resistance level. Traders demand that price holds higher levels going forward to protect bullish momentum. Bitcoin (BTC) saw flash volatility into the May 23 Wall Street open as news headlines liquidated longs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin trips as Trump say...
Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M
Coin Telegraph - 23 May 2025 17:29
Key points: Bitcoin joins risk assets in a knee-jerk reaction to the latest instalment of the US trade war, this time focused on the EU. BTC price action dives up to 4% before recovering with $110,000 now a resistance level. Traders demand that price holds higher levels going forward to protect bullish momentum. Bitcoin (BTC) saw flash volatility into the May 23 Wall Street open as news headlines liquidated longs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin trips as Trump say...
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