Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
Draw now for your chance to win an iPhone 16 Pro Max and exclusive merch!
👉 https://www.gate.com/activities/pointprize?now_period=11
🎁 100% win rate! Complete simple tasks like posting, liking, commenting in Gate Post to enter the draw.
iPhone 16 Pro Max 512G, Gate hoodies, Sportswear, popular tokens, Futures Vouchers await you!
Collect just 2 fragments to easily redeem Gate merch—take your rewards home!
Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
Trump's blow to Bitcoin: Prices have sharply get dumped.
The crypto market experienced a sharp get dumped following President Donald Trump’s announcement of customs duties on the European Union.
Trump, in a post he made today on Truth Social, stated, "The talks we are having with them are going nowhere." He proposed a 50% customs duty on EU-origin products starting from June 1.
Yesterday, Bitcoin, which saw its all-time high by surpassing 111 thousand dollars, fell to 107 thousand 337 dollars after this announcement. Before the sharing, BTC was trading at 110 thousand 880 dollars and quickly lost more than 3% in value.
Trump has previously caused a drop in Bitcoin with customs tariff announcements aimed at different countries, and recoveries in the market were seen following temporary trade agreements.
At the time the news was written, Bitcoin is trading at the level of 108,284 dollars.
Published: May 23, 2025 15:39