Sure! Here's a paraphrased version of the article:
---
š Trumpās Tariff Delay Sparks Modest Crypto Uptick
Major cryptocurrencies edge higher as trade tensions ease.
Bitcoin and other major cryptocurrencies saw slight gains on Monday during Asian trading hours, following an announcement by former U.S. President Donald Trump said that he's delaying a planned 50% tariff on European Union goods. Originally set to begin on June 1, the tariff implementation has now been postponed to July 9.
The decision came after a conversation with European Commission President Ursula von der Leyen, who requested the delay to allow for renewed negotiations. Trump shared the update via his Truth Social account, saying, āPresident of the European Commission Ursula von der Leyen called me today asking for an extensionā¦ I agreed to the extension ā July 9, 2025 ā It was my privilege to do so.ā
The delay offers a temporary reprieve in escalating trade tensions, which had spiked after a 50% tariff was imposed Friday in response to what the U.S. deemed an unfavourable EU trade proposal. The move is seen as slightly easing geopolitical pressures, helping to lift crypto market sentiment.
#TrumpTariffs #CryptoMarkets #BTC #ETH #XRP #BinanceUpdate
---
Let me know if you want this in a more formal tone or condensed for social media.
