#TrumpTariffs
The market showed mixed signals today with a total market capitalization decline of 1.5%, despite Bitcoin's price rising ~1.3% to nearly $109,400, and Ethereum jumping more than 2.4% to approximately $2,570. In a notable move, 3U HOLDING AG recently purchased 131 Bitcoins valued at an estimated €11.8 million, raising its reserves to 331 coins (~€23.9 million). On the political front, the House Ways and Means Committee in the U.S. Congress is preparing to discuss a new tax on digital assets on July 9, as part of an effort to establish America as a global capital for digital currencies. Elon Musk also announced the establishment of the 'America Party' supporting Bitcoin, considering fiat currencies as hopeless, which boosts the momentum for BTC adoption.