Over the weekend, Bitcoin fluctuated and declined.

Bitcoin fluctuated and declined

Increased uncertainty

One of the triggers for the decline of Bitcoin was the latest statement by US President Trump.

On Friday, Trump made tariff threats against the European Union and Apple on social media.

Trump posted on his social media platform “Real Social” that the main purpose of the establishment of the European Union was to “take advantage of the United States in trade”.

Trump said that the EU has set up strong trade barriers, imposed value-added tax, imposed corporate fines, non-monetary trade barriers, currency manipulation, and unfair and unreasonable lawsuits against US companies, etc. Trump said that the negotiations between the United States and the European Union “made no progress”.