Saylor Slams Trump’s EU Tariffs, Fueling Crypto Market Drop

Michael Saylor has voiced his strong opposition to President Trump’s new tariffs targeting the European Union, sparking a negative market reaction in both traditional and digital financial sectors. This move highlights the ongoing conflict between trade barriers and the growing field of cryptocurrency. 2.8% of global crypto market capitalization dropped as investors reacted to Trump’s tariff announcement, with Bitcoin, Ethereum, and Solana particularly impacted. While past U.S. tariffs have historically led to significant Bitcoin drops (5-6%), these trends are likely to repeat given current macroeconomic conditions and the inherent risks associated with cryptocurrency investments. .