Trump’s EU Trade Deal Sparks Crypto Surge: BTC Nears $120K, $BNB Breaks $ATH

Recent US-EU trade talks in Scotland led to a tentative deal, with the EU agreeing to purchase $750 billion in energy and invest $600 billion in US initiatives. Despite initial plans for tariffs up to 50%, President Trump indicated tariffs would be capped at 15%, easing market tensions. While tariff threats previously caused significant crypto volatility, recent developments have led to decreased market impact. Following the news, some digital assets, like $BNB , surged to over $825, reclaiming its position as the fifth-largest cryptocurrency, and Bitcoin rose above $119,000. $ETH also gained over 3%, nearing $3,850, reflecting cautious optimism in the market amid easing trade tensions.

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