#BTC120kVs125kToday #USCryptoWeek #MemecoinSentiment #StrategyBTCPurchase #ETHBreaks3k
Trump backs down on tariffs and strengthens the crypto market
On this Monday, US President Donald Trump announced the postponement of trade tariffs against countries aligned with BRICS. The measure, which was to come into effect on July 9, has been postponed to August 1, giving a boost to the markets and driving major cryptocurrencies.
📉 What has changed?
- 10% tariffs against BRICS countries have been temporarily suspended.
- Trump signaled openness to diplomatic negotiations, reducing the immediate risk of a trade war.
- The market interpreted the gesture as a strategic truce, favoring risk assets like cryptocurrencies.
💸 Cryptocurrencies on the rise: Ethereum, Bitcoin, and Solana lead
With geopolitical relief, investors returned to seek financial protection in digital assets. The three central cryptos stood out:
| Cryptocurrency | Variation (7/7) | Highlights |
|-------------|----------------|-----------|
| Bitcoin (BTC) | +0.7% | Regained $108k, with strong technical support |
| Ethereum (ETH) | +2% | Trying to break the 200-day moving average, a sign of institutional recovery |
| Solana (SOL) | +3.2% | High speed and low cost attract developers and traders |
🛡️ Crypto as a financial refuge
Global instability and tariff threats reinforce the role of cryptocurrencies as an alternative to the traditional system:
- Bitcoin is seen as 'digital gold' — scarce, decentralized, and resistant to inflation.
- Ethereum leads in smart contracts and tokenization of real assets.
- Solana offers scalability and efficiency, being used in payments and decentralized apps.
🧠 Conclusion
Trump's postponement of tariffs not only calmed the markets — it strengthened the crypto narrative as protection against geopolitical risks. Ethereum, Bitcoin, and Solana are consolidating as strategic assets in times of uncertainty.
