🚨 SUPER BULLISH UPDATE 🔥 For $BTC $XRP $BNB and Crypto Market 🚀 Important Details on U.S vs EU Trading Deal 📈
President Donald Trump just unlocked one of the biggest economics in the world according to "Howard Lutnick" the 41st United State secretary of Commerce. In this article we're going to be exploring the most talked about United State vs European Union trading deal and how it's likely to impact financial market (Crypto market)
U.S. and EU have reached a preliminary trade agreement after months of active negotiations between both parties.
• The deal will lead European Union into opening its $20 trillion market and fully accept U.S. auto and industrial standards for the first time.
• The EU will purchase $750 billion in energy from the U.S. and invest $600 billion in America.
• A 15% tariff will apply to most EU exports to the U.S., covering sectors like cars, pharmaceuticals, and potentially steel and aluminum beyond quotas. Exceptions to apply on sensitive industries such as medical devices, aircraft and others.
💥 How U.S. and EU trading agreement is going to impact the cryptocurrency market:
1. Short Term Volatility: Historically, trade tensions and tariff announcements have led to market uncertainty, often causing crypto prices to dip as sentiment grows. However, the deal’s resolution of a potential 30% tariff threat might stabilize markets, potentially leading to a relief rally in assets like Bitcoin, FUN, TON and $ETH .
2. Inflation and Hedge Appeal: Even the current 15% tariff could increase costs for imported goods, potentially fueling inflation. This will likely boost interest in cryptos like Bitcoin, often viewed as a hedge against fiat currency devaluation and store of value.
3. Investment Flows: The significant EU investment in the U.S. could increase liquidity and investor confidence, potentially benefiting crypto markets. As well as could drive interest in U.S. backed crypto assets or crypto assets domicile to United State.
Share your thoughts here.
