From Cointelegraph

May 23, 2025 11:29 am:

Bitcoin experienced a flash crash in response to US-EU trade tensions, dropping 4% before rebounding. Trump’s 50% tariff threat on the EU caused BTC/USD to hit lows of $107,367. US stocks also fell by 1-1.2% at the open. Liquidations reached nearly $350 million in 4 hours, with $500 million in 24 hours. Traders are cautious about the market’s reaction to the trade uncertainty.BTC price needs to hold above $110,000 to maintain bullish momentum. Traders are watching key levels to protect against further downside. Resistance is thin above current levels, leaving room for easy upside potential. Market participants are monitoring the situation closely to determine the next moves. Investors should conduct their own research before making any decisions.

Read more at Cointelegraph: Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M