According to a report by PANews, QCP Asia analysis states that Trump's proposal to impose a 50% tariff on EU goods triggered short-term market turmoil, but after being postponed to July 9, market sentiment recovered. The BTC price rebounded from $106,000 to $110,000, benefiting from ETF inflows, with BlackRock's IBIT recording net inflows for 30 consecutive days.
The volatility spread of BTC in July versus June has fallen from a high of 2 to below 1, suggesting the market may be preparing for policy changes. Despite congestion in European and American ports driving up shipping costs, the digital asset market has performed steadily, contrasting with the outflow trend of tech stock ETF TQQQ.
