Tariff doubts drag Bitcoin beneath $75K threshold
Ongoing uncertainty surrounding US President Donald Trump's tariff strategy has driven Bitcoin's value below the $75,000 mark on Monday.
Bitcoin advanced towards $100,000 on Thursday, reaching a high of $95,040 during Asian trading.
The cryptocurrency has more than doubled this year, gaining 40% in the two weeks since Donald Trump's election as U.S. President, alongside pro-crypto lawmakers.
Trump has pledged to make the U.S. the "crypto capital of the planet" and build a national bitcoin reserve, boosting investor optimism. Over $4 billion has flowed into U.S. bitcoin ETFs since the election, with strong demand for BlackRock’s ETF options.
Crypto-related stocks have surged, with MARA Holdings rising nearly 14% and MicroStrategy’s market cap surpassing $100 billion.
Analysts suggest this bullish momentum reflects growing interest in the broader blockchain ecosystem, though regulatory clarity remains uncertain.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The number of billionaires in the UK has dropped for the second year in a row, hitting the lowest level in over a decade, according to The Sunday Times Rich List 2025.
The European Bank for Reconstruction and Development (EBRD) has approved a trade finance line of up to $5 million (€4.4 million) for Unibank under its Trade Facilitation Programme (TFP). The agreement, signed during the EBRD’s 2025 Annual Meeting in London.
Vietnam has approved a $1.5 billion project by the Trump Organization and Kinhbac City to build golf courses, resorts, and homes. Work is set to begin this quarter and finish by mid-2029.
S&P says easing tariff tensions between the US and China has improved macroeconomic conditions by lowering uncertainty, boosting markets, and reducing risks, though global trade challenges still weigh on credit conditions.
The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), is enhancing access to finance for micro, small, and medium-sized enterprises across Central Asia and Mongolia.
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