President Trump's surprise announcement of tariffs against the European Union has had a devastating effect on Bitcoin and the wider cryptocurrency market. Bitcoin's price has fallen below $85,000 and ETF outflows have reached a record high. Liquidations are almost at $745 million and crypto-related stocks are feeling the impact. The market was already showing bearish signals, but Trump's tariffs have exacerbated the situation. The community must stay strong in the face of a potential bear market or crypto crash. Despite these challenges, the cryptocurrency industry has historically been volatile and resilient.



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