Trade war vibes are back š¬
After
$TRUMP announced a 30% tariff on EU imports starting August 1, the EU fired back, threatening ā¬72B in counter-tariffs if talks fail. Thatās an $84B blow to transatlantic tradeāand markets are watching š
EUās Trade Commissioner Å efÄoviÄ didnāt mince words:
> āIf no deal, we respondāfast.ā
š But hereās the twist: Bitcoin didnāt flinch.
$BTC still holds above $119K, up 283% YTD, showing strength while traditional markets brace for impact.
Why does this matter for crypto?
Trade wars = risk-off = volatility across all markets
BTC often benefits as a hedge against fiat drama
Past tensions (like US-China) fueled bullish BTC trends š
Whatās your takeāwill this heat fuel a new Bitcoin breakout or spook risk assets?
š Drop your thoughts and tag someone who trades both BTC & geopolitics.
#Bitcoin #CryptoNews #EU #TradeWar #BinanceSquare $ETH $SOL