**🚨 Market Update 🚨**
Bitcoin has slipped below **$93,000 within the past hour**, following reports that the **EU is preparing nearly $100B in tariffs and commercial restrictions** aimed at U.S. companies.
This situation could escalate quickly.
**🔹 Short-term impact:**
Expect **heightened volatility** across Bitcoin and the broader crypto market as traders react to rising geopolitical and trade tensions.
**🔹 Long-term impact:**
The deeper damage tends to surface in **currencies, economic growth expectations, and investor confidence**. As uncertainty builds, capital historically begins rotating into **assets beyond national borders and traditional trade alliances**.
⚠️ Buckle up — the next phase could be turbulent.