Key dealers
- Bitcoin’s award exceeded $ 109,000 after the extension of the EU’s doll.
- The crypto market reacted positively to the announcement, with Bitcoin which increased over 3% intradag.
Bitcoin gathered past $ 109,000 on Sunday evening after President Donald Trump announced that he had agreed to extend a blunt 50% customs deadline on EU goods until July 9.
On Friday, the US president proposed a 50% duty on all EU imports from next month. He quoted trade balances and regulatory frictions such as the reasons for the move and explained the current EU-USA’s trade dynamics “completely unacceptable.”
He also aimed at Apple with a potential 25% customs on iPhones that was not manufactured in the United States.
Bitcoin fell below $ 108,000 In the wake of Trump’s customs message, with the correction that is deepened to less than $ 107,000 over the weekend. The digital asset recovered after Trump’s decision to delay politics.
In a truth social post On Sunday, Trump stated that he granted the extension to July 9 after receiving insurance from von der Leyen that the EU was ready to “promote calls quickly and resolutely.”
The decision, following a direct request from the European Commission President Ursula von der Leyen, temporarily facilitates an increase in transatlantic trade voltages and opens a window for renewed negotiations.
Bitcoin, who had traded flat during the weekend, grew over 1,900 points in minutes. At press time, Bitcoin traded close to $ 109,000, about 2.5% during its maximum time of $ 111,900 set earlier this week.
As Bitcoin increased, other major crypto assets followed. Ethereum (ETH), XRP and Solaana (SOL) published all profits after Trump’s announcement Per Cooiketo.
Among this week’s prominent artists, Hyperliquid’s native tokenhype led the rally, climbed from $ 25.7 to $ 39, a weekly profit of about 46%.
At the same time, the world’s WLF token jumped almost 25% after the project, helped by Openai CEO Sam Altman, announced a financing round of $ 135 million under the direction of the Andreessen Horowitz and Bain Capital Crypto.
Fresh capital will speed up the deployment of its iris scan of ORBS and expand its biometric identity infrastructure across the US and international markets.