The EU said it would pursue strong retaliatory measures against the U.S. after President Trump’s new tariffs, a development that coincided with a sharp crypto market sell-off and widespread liquidations. Traders and exchanges reported heavy forced selling as risk-off sentiment swept across markets.
Speaking at a Florida tech conference, Eric Trump called the current Bitcoin pullback "a great time to buy" and described BTC as "the greatest asset of our time." He pointed out Bitcoin had traded near $16,000 as evidence the long-term uptrend remains intact.