Just a day after Bitcoin reached its all-time high, another piece of news arrived that caused a pullback.

This time again, the reason—of course—is Donald Trump. Posting on Truth Social, Donald Trump recommended a 50% tariff on the European Union, starting from June 1, 2025.

Just a day after Bitcoin reached its all-time high, another piece of news arrived that caused a pullback. And this time again, the reason—of course—is Donald Trump.

Posting on Truth Social, Donald Trump recommended a 50% tariff on the European Union, starting from June 1, 2025.

“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with,” Trump said. “Their powerful trade barriers, VAT taxes, ridiculous corporate penalties, non-monetary trade barriers, monetary manipulations, unfair and unjustified lawsuits against American companies, and more, have led to a trade deficit with the U.S. of more than $250,000,000 a year—a number which is totally unacceptable.”

The U.S. president said that since discussions are going nowhere, he recommends a 50% tariff on all goods coming out of the EU. However, he also added that no tariff will be imposed on products built or manufactured in the “United States.”

This news has caused a significant pullback in the BTC price. While it had formed support around the $111K level a day before, Bitcoin is now trading just above the $108K mark.

It seems like volatile times have arrived again, and the best crypto to buy now are those that could act as a safe harbor against such volatile market conditions.

Trade Heats up and Bitcoin Slips

Risk assets of all kinds have suffered due to this news. As already mentioned, Bitcoin experienced a 2.5% decline. This pushed the BTC price down to $106K.

Thankfully, the sudden emergence of the long red has still brought the bulls in to counteract. However, whether or not the BTC price steps up again will be seen by the end of the day.

The European Union is not the only one on the receiving end of these issues. President Trump has also chided Apple recently, stating, “I have long informed Tim Cook of Apple that I expect their iPhones that will be sold in the U.S. will be manufactured and built in the U.S., not in India or anyplace else.” He further added, “If that’s not the case, a tariff of at least 25% must be paid by Apple.”

There have been more than a few instances where Trump’s “America-first” approach to pulling the U.S. out of the $36.9 trillion debt rut has introduced immense volatility in the market.

It can be said that moving forward with investing in assets currently live on exchanges is not safe, and investors must focus on a different approach—such as crypto ICOs.

Best Crypto to Buy Now Amidst the Current Volatile Market Conditions

Donald Trump’s post on Twitter could be considered the prelude to what’s in store for the market. Things may start to get grim if certain changes aren’t made. Therefore, instead of focusing on assets that are currently live on exchanges, people should choose crypto presales. The best crypto to buy now could be among them.

BTC Bull

Bitcoin’s upward momentum might have stalled due to the recent news, but there are those who will forever be bullish about the prospect of a decentralized digital economy—and it’s not only institutional investors.

BTC Bull is a project—a social movement—that encompasses this bullishness within a meme coin community. Portrayed by a muscular and bipedal bull wearing a Bitcoin-driven gold chain, BTC Bull has put forth certain mechanics that could potentially help it grow alongside Bitcoin.

These mechanics—token burns and Bitcoin airdrops—will be triggered repeatedly whenever Bitcoin reaches a new milestone, in hopes of triggering growth in the BTCBULL price alongside Bitcoin.

While this style is not exactly unconventional, it does establish a narrative of how the growth of a high-cap token could be leveraged to drive up the value of an associated meme coin. The project has raised over $6.2 million already, and many cryptocurrency YouTubers have expressed excitement for this project.

Among them is Crypto Boy, who has cited that Bitcoin approaching the $150K mark could bring big gains for BTC Bull. While the Trump-triggered trade war has once again created some pullback, the community is still hoping that Bitcoin will pull through—and along with it, the entire meme coin market.

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