🇺🇸 Trump Delays 50% EU Tariffs: What It Means for Crypto
U.S. President Donald Trump has officially postponed the 50% tariffs on European Union imports until July 9, 2025. Initially set to begin on June 1, the delay came after direct talks with European Commission President Ursula von der Leyen, aiming to allow more time for negotiation and avoid immediate economic escalation.
📊 Crypto Market Reaction
The decision brought temporary relief to financial markets, including crypto:
• Bitcoin (BTC) rebounded from ~$107,000 to around $110,000
• Ethereum (ETH) rose to $2,495, showing a 2.4% daily gain
• Solana (SOL) and XRP also posted modest recoveries
Investors interpreted the delay as a signal of reduced near-term geopolitical risk, prompting renewed interest in risk assets.
🔮 What’s Next?
While the delay provides short-term support, uncertainty remains. If no agreement is reached by July 9, the threat of heavy tariffs could return — potentially shaking the crypto markets again.
⸻
#CryptoNews🚀🔥 #Bitcoin2025 #etereum ##TrumpTariffs #MarketUpdate