๐๐ฅ โEU cuts tariffs on US goods โ positive shock for markets, but what does it mean for crypto?โ ๐ธ๐
๐ช๐บโก๏ธ๐บ๐ธ The EU is considering removing all tariffs on US industrial goods to meet Trumpโs demands. ๐ข
๐This is a strong signal for markets โ more trade, more liquidity and less tension. ๐๐
โ ๏ธ For crypto:
๐More risk appetite = positive for BTC & alts ๐
๐But a strong dollar could pressure crypto in the short term ๐ตโ๏ธ
๐Institutions may increase their exposure to crypto if global risk abates ๐ฆ๐ฅ
๐ In short: The news is rather bullish for crypto, but we are watching DXY (USD index).
