iPhones made outside of the US are to be subjected to 25% tariffs, while the EU will face a blanket 50% tariff on June 1.

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	Forwarded this email? Subscribe here for more Bitcoin nosedives 4% as Donald Trump threatens tariffs on imported iPhones and EU products iPhones made outside of the US are to be subjected to 25% tariffs, while the EU will face a blanket 50% tariff on June 1. CryptoSlate May 23   READ IN APP   Happy Friday! Bitcoin took a sharp hit today dropping over 4% as President Donald Trump announced steep new tariffs with a 25% tax on iPhones made outside the U.S. and a sweeping 50% tariff on European Union imports starting June 1 rattling markets and tech stocks alike. Meanwhile, Bitcoin’s supply nears total profitability driven by strong institutional demand and ETF inflows that reflect a shift from retail to professional investors. On the altcoin front, Solana memecoins are seeing a surge in average daily trading volume up 46% in May mirroring Bitcoin’s recent recovery though still shy of pre-LIBRA scandal levels. Ad: Make the most of your crypto Start earning up to 14% interest, paid daily. Keep full access to your assets while they grow in your Savings Wallet. Start earning 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.44 trillion, with a 24-hour volume of $169.5 billion. The price of Bitcoin is $109,241.52, and BTC market dominance is 62.9%. The price of Ethereum is $2,574.59, and ETH market dominance is 9.0%. The best-performing sector is Derivatives, which gained 11%. The Crypto Fear & Greed Index is currently Greed (78). 📰 Top News Bitcoin nosedives 4% as Donald Trump threatens tariffs on imported iPhones and EU products iPhones made outside of the US are to be subjected to 25% tariffs, while the EU will face a blanket 50% tariff on June 1. Bitcoin supply near total profitability as institutional demand drives value flows Short-term holder profitability near 100% now reflects professional desks more than retail wallets. Solana memecoin average daily volume surges 46% in May, echoing Bitcoin’s recovery Despite the increase in memecoin trading volume, the numbers are still below pre-LIBRA scandal levels. Ad: Turnkey Announces TRON Policy Engine, Providing Support for Enterprise Payment Solutions Turnkey's collaboration with TRON blockchain empowers fintech developers with secure, scalable wallet solutions for enterprise-grade crypto applications. 📈 Latest Insights Over $550 million liquidated as Bitcoin whipsaws back to $110k 🗞️ More News Kraken to launch 24/7 trading for tokenized US stocks via Solana Volatility Shares debuts first 1x XRP futures ETF for US investors Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’ Binance lists USD1 stablecoin with trading restrictions in EU and US TRUMP gala dinner attendees dump tokens before event as price falls 8% amid protests 📖 Latest Market Report This high beta Bitcoin proxy sector is lagging behind BTC price 2025 CryptoSlate's latest report dives deep into the performance of Bitcoin prxy stocks to analyze how their performance fares in comparison to Bitcoin's spot price, direct exposure products like ETFs, and indirect vehicles like MSTR. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe