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Bitcoin drops as Trump calls for 50% tariff on European Union starting next month: CNBC Crypto World

DeFi Daily News by DeFi Daily News
May 23, 2025
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Bitcoin drops as Trump calls for 50% tariff on European Union starting next month: CNBC Crypto World
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On today’s episode of CNBC Crypto World, bitcoin falls after President Donald Trump said he is “recommending a straight 50% Tariff on the European Union” amid stalled trade negotiations. Plus, the president hosted a dinner for top holders of his meme coin as some Democrats raised ethics concerns. And, Kevin Lehtiniitty of Borderless.xyz reacts to the Senate advancing the GENIUS Act stablecoin regulation bill this week.

Chapters:
0:00 – CNBC Crypto World, May 23, 2025
0:27 – Bitcoin slides
1:09 – The headlines
3:40 – Kevin Lehtiniitty of Borderless.xyz

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Bitcoin drops as Trump calls for 50% tariff on European Union starting next month: CNBC Crypto World

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Tags: Bitcoinbitcoin miningblockchainborderlessbreaking newsBTCbusiness newsCallscnbcCryptocrypto industrycrypto investingcrypto miningcrypto worldCryptocurrencycryptocurrency newsdigital currencyDropsETFETHEtherEuropeanfinancefinance newsfinance stockfinancial newsKevinlehtiniittyMarketsMoneymoney tipsMonthnews channelnews stationStartingStock marketstockstariffTrumpU.S. currencyunionus newsWorldworld newsXYZ
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