Bitcoin Drops Below $109,000 Amid Trade Policy Changes

President Trump’s new tariffs on EU imports have triggered a drop in Bitcoin prices, signaling potential volatility within the crypto market. The cryptocurrency market experienced a 2.11% decline, reaching a low of $108,100 as investors reacted to the trade policy announcements. This development follows recent gains in Bitcoin’s price, and is indicative of Bitcoin’s historically volatile nature influenced by political changes.