Bitcoin Rebounds From Trump's Threat of 50% Tariffs, Targeting New All-Time Highs

Bitcoin, which plunged due to U.S. President Donald Trump's threat to impose 50% tariffs on the European Union (EU), rebounded again on Trump's words of tariff suspension

U.S. President Donald Trump's threat to impose 50% tariffs on the European Union (EU) pushed down Bitcoin, but the crypto rebounded again on Trump's words of tariff suspension.

The reduced tariff risk is gaining influence again.

As Bitcoin rebounded, coins that had a large fall, such as meme coins, also rebounded significantly.

Bitcoin is trading at $109,283 on Binance, the world's largest exchange, as of 10:18 a.m., up 1.74% from 24 hours ago.

Bitcoin fell 3.92% to the $106,000 mark on the 23rd due to President Donald Trump's remarks on imposing EU tariffs.

Bitcoin, which had been sluggish over the weekend, rebounded more than 1.5% on the 25th (local time) by President Trump's words of tariff suspension, recovering to the $109,000 level again.

On the 25th (local time), President Donald Trump said on social media Truth Social, "I received a call today from European Commission President Ursula von der Leyen asking for a moratorium on 50% tariffs, which were scheduled to be imposed on June 1st."

"We accepted this request and decided to extend (the timing of the imposition) until July 9," he said, adding, "It is an honor to do so. The executive chairman said negotiations would begin quickly."

Earlier on the 23rd, President Trump warned that the European Union would raise tariffs by up to 50%, saying the European Union is delaying negotiations and imposing unfair regulations and lawsuits on U.S. companies.

Meanwhile, domestic coin transactions have not rebounded significantly despite Bitcoin's good trend.

According to CoinGecko, the 24-hour transaction value of Korea's top five virtual asset exchanges (Upbit, Bithumb, Coinone, Covit, and GoFax) recorded $2,116,574,355 (KRW 2,895.4 billion) on the 25th.

This is only 11.8% of the transaction value recorded on November 24 last year, when the market was hot, which was $17,830,667,958 (24,397.8 billion won).

Bitcoin has reached an all-time high, but investors' interest is not reviving at all.

According to Faside Investors on the 26th, a total of $2.75 billion was net inflow into 11 Bitcoin spot ETFs listed on the U.S. stock market last week.

Bitcoin went through an adjustment on the 23rd, falling 3.92% after hitting a new all-time high, but ETFs finished with a large net inflow.

Today is Memorial Day and the U.S. stock market is closed. The U.S. celebrates the last Monday of May as Memory El Day every year.

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The event will include △JD Vance, U.S. Vice President △ Michael Sailor Strategy Chairman △Cynthia Lummis, U.S. Senator △David Sachs, U.S. White House AI&Crypto Tsar △Paulo Adino Tether CEO △ Donald Trump Jr. △ Eric Trump.

Mail Business Attends Bitcoin 2025 As Media Partner