#TrumpTariffs

On July 7, 2025, the price $BTC will rise above $109,000, recovering after a drop to $108,000 over the weekend.

According to CoinMarketCap, the asset has increased by 0.84% in a day and is at $109,164 at the time of writing. Meanwhile, Yahoo Finance reported that Sunday, June 6, closed at a record weekly high of $109,228.

The increase in cryptocurrency value occurred against the backdrop of a statement from the administration of U.S. President Donald Trump, which postponed the introduction of new tariffs to August 1, likely alleviating investor concerns about short-term volatility in the markets.

The growth in the cryptocurrency market led to liquidations on futures contracts amounting to relatively small sums of over $181 million. Short position holders suffered the largest losses across many assets. In total, 60,429 traders recorded losses. The share of liquidations among Bitcoin traders and $ETH amounted to $35.51 million and $62.2 million, respectively.