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Cryptocurrency News Articles
Bitcoin Hit $111K Before Dropping After Trump's New Tariff Warning
May 25, 2025 at 05:06 am
Bitcoin recently touched a new all-time high near $111,000 before experiencing a short-term pullback today. The sudden drop was triggered by President Donald Trump's announcement of possible new tariffs, including a 25% tariff on iPhones not made in the U.S. and a proposed 50% tariff on the EU. This rattled both stock and crypto markets, with major indices and Bitcoin seeing immediate declines.
Bitcoin price dropped about 3% after President Donald Trump announced possible new tariffs, including a 25% tariff on iPhones not made in the U.S. and a proposed 50% tariff on the EU. This rattled both stock and crypto markets, with major indices and Bitcoin seeing immediate declines.
Bitcoin’s price dropped about 3%, while several altcoins suffered even heavier losses. Interestingly, a few altcoins managed to stay in the green — including Worldcoin and Hyperliquid — defying the broader market trend.
However, according to an analyst, there is a bullish retest happening for Bitcoin price. According to a chart shared by Crypto Rover, Bitcoin has recently broken out of a strong downtrend and surged past multiple key resistance levels, pushing above $112,000. After this impressive rally, the price now appears to be pulling back slightly, setting up for bullish retest.
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The post Bitcoin Pulls Back After Trump Tariff Shock, But Bullish Trend Holds appeared first on Coin Edition.
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- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
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- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
