Bitcoin price reaches $109,621.83, up 1.38% in 24 hours.
Trump delays 50% EU tariff to July 9, 2025.
EU and U.S. plan rapid trade talks, lifting markets.
Ethereum, Solana, and Sui rise with Bitcoin’s rally.
Bitcoin’s volatility drops, surpassing Amazon’s market cap.
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Trump Postpones 50% EU Tariff, Sparks Market Rally
On May 26, 2025, Bitcoin price reached $109,621.83, reflecting a 1.38% gain over the past 24 hours. The increase follows U.S. President Donald Trump's decision to delay a proposed 50% tariff on EU trade.
Trump announced the extension after discussions with Ursula von der Leyen, President of the European Commission. The tariff, initially set for June 1, is now postponed to July 9, 2025. "Ursula von der Leyen called to request a delay on the June 1 tariff deadline," Trump said. "I granted the extension to July 9, 2025, and talks will start quickly."
Von der Leyen welcomed the move, highlighting the robust trade relationship between the EU and U.S. "Our trade partnership is the strongest globally," she stated. She confirmed that negotiations would begin swiftly to secure a fair agreement by the new deadline.
This extension eases fears of immediate trade disruptions, fostering stability in global markets.
Bitcoin Price Climbs Amid Trade Optimism
The Bitcoin price surge reflects market confidence spurred by the tariff delay. Bitcoin hit $109,621.83, rebounding from a daily low of $106,670, according to CMC. The 2.35% daily range underscores strong investor sentiment.
Other cryptocurrencies also gained. Ethereum traded at $2,560, Solana at $176, and Sui at $3.61, per TradingView data. These movements suggest a broader market uplift tied to the trade news.
Macroeconomic factors also support Bitcoin’s rise. Declining inflation and anticipated Federal Reserve rate cuts in 2025 have boosted risk assets, as reported by LiveMint. Bitcoin’s 10-day realized volatility fell to 43.86, below the S&P 500 and Nasdaq 100, signaling growing stability.
