Trump's 25% EU Tariff Sends S&P 500 Down $1.5 Trillion Apple Stock Drops 8% Bitcoin Holds Above $94k Despite 3.79% Drop

President Trump’s tariff policies have once again sent shockwaves through global markets, with the reinstatement of a 25% tariff on the EU effective from June 1st. This move has sparked inflationary fears worldwide, leading to a significant drop in equity markets. The S&P 500, for instance, saw a $1.5 trillion decrease in market capitalization over just five trading sessions. Apple, a major player in the tech sector, was particularly hard hit, with its stock price sliding nearly 8% from $212 over the past 10 days.

Amidst this market turmoil, Bitcoin has shown remarkable resilience. Despite the macroeconomic uncertainty and the sharp 3.79% drop in its price, closing at $106,816, Bitcoin has managed to hold above the key $94k liquidity zone. This zone, where over 420k BTC have a cost basis, is one of the strongest on-chain support zones in this cycle. The decision to hold or sell for this cohort is not straightforward, as they are sitting on roughly 14.5% in unrealized gains at current prices.

The current dip in Bitcoin's price might be less of a panic and more of a strategic move by investors preparing for another round of dip buying. This is in line with the projections made by AMBCrypto, which suggested that seasoned investors may have the muscle memory to navigate through such market conditions. The reinstated tariffs and the resulting macroeconomic uncertainty present a classic investor dilemma, but Bitcoin's resilience indicates that it may continue to attract risk capital, especially from corporate investors.

Michael Saylor's vocal support for Bitcoin adds further fuel to this narrative. As equities take a hit, corporate money could pivot toward Bitcoin, potentially boosting its price. The current situation serves as a stress test for Bitcoin's resilience and the conviction of its investors. Despite the macroeconomic fears, Bitcoin is holding steady with no signs of capitulation, signaling strong conviction among its holders. Rather than sparking panic, the macroeconomic uncertainty is turning into a playground for strategic dip-buyers ready to pounce.