The digital currency remains near $110,000 as negotiations continue
The President of the United States, Donald Trump, announced on Sunday, May 25, an extension of the deadline to impose tariffs of 50% on imports from the European Union, setting the new date for July 9, 2025.
The decision, communicated through his social network, Truth Social, responds to a request from the President of the European Commission (EC), Ursula von der Leyen, following a call between the two leaders. Von der Leyen emphasized the importance of the trade relationship between the EU and the United States, underscoring that the bloc is ready to negotiate quickly and decisively.
This behavior was reflected in the recovery of the price towards $109,800 at the time of writing this report, after hitting a low of $107,000 on Friday, as seen in the TradingView chart shared below:
