Today is Sunday - Bitcoin Breaks $110K While Europe Braces for Tariff Storm
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Today is Sunday - Bitcoin Breaks $110K While Europe Braces for Tariff Storm
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Bitcoin investors are celebrating as the digital currency smashes through $110,000 for the first time in history, driven by massive institutional buying and regulatory breakthroughs. But while crypto enthusiasts pop champagne, European markets could start the week in panic mode.
President Trump just dropped a bombshell: a crushing 50% tariff on ALL European imports, effective June 1st. We're talking about everything from German cars to French wine to Italian fashion. The EU is already threatening retaliation, and suddenly we're staring down the barrel of a full-blown transatlantic trade war... again!
Central banks around the world are pulling in completely opposite directions, America's debt crisis is reaching a boiling point with Treasury yields hitting levels not seen since 2007, and China's trying to boost its way out of trouble while Brazil is hiking rates.
Here is what you need to know to start your week.
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