Bitcoin Slides to $107K After Trump’s War, Tariff Remarks

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Bitcoin’s minor rally on Sunday ended with another rejection that pushed the asset south hard to just over $107,000 minutes ago.

Aside from the POTUS’s most recent comments on several highly volatile topics, BTC OG wallets have deposited large amounts to centralized exchanges with the most likely plan to sell them.

US President Trump focused on the upcoming Supreme Court tariff case, which was categorized as one of the biggest battles in his trade war. It starts on Wednesday, and his administration will face off against small businesses and several states that believe most of the tariffs are illegal and should be revoked.

Trump called the case “the most important in US history,” and warned that the country could become “defenseless” without presidential power to impose tariffs. Even if they are limited, it might still lead to “ruination of our nation.”

Interestingly, the POTUS stated that he will not attend the case and reiterated his belief that tariffs have contributed to the US’s economic growth, as well as its national security and wealth.


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