$95K Dip: Bitcoin Slides After Trump Warns of New Tariffs

Bitcoin took a stumble this week, dropping just under the $95,000 mark as two big forces hit the financial world at once. On one side, Donald Trump made waves with a fresh round of tariff threats. On the other hand, everyone’s holding their breath ahead of the Federal Reserve’s next move on interest rates. Together,.. The post $95K Dip: Bitcoin Slides After Trump Warns of New Tariffs appeared first on 99Bitcoins.

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May 6, 2025 - 09:00

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Bitcoin took a stumble this week, dropping just under the $95,000 mark as two big forces hit the financial world at once. On one side, Donald Trump made waves with a fresh round of tariff threats. On the other hand, everyone’s holding their breath ahead of the Federal Reserve’s next move on interest rates. Together, it has created a perfect storm of uncertainty, and the crypto markets are feeling it. The $95K Bitcoin drop caught traders off guard as market sentiment shifted quickly.

Trump’s Tariff Bombshell Shakes Things Up

Former President Trump’s latest economic curveball? A proposal to slap 100 percent tariffs on foreign-made movies. Yes, really. He says the goal is to protect and rebuild the U.S. film industry, but investors are reading between the lines. This isn’t just about Hollywood, it signals a broader return to the tough trade policies that defined his previous administration.