The US-Europe tariff war hits the "pause button" as Bitcoin surges to the $110,000 mark!
On May 26, a dramatic turnaround occurred when U.S. President Trump announced the postponement of the planned 50% tariff policy on Europe, originally set to take effect on June 1, to July 9. This policy buffer led to Bitcoin prices breaking through the $110,000 mark, sparking new thoughts in the market about the relationship between geopolitics and digital assets.
Trump revealed that the European Union had proactively requested an extension of the negotiation period, describing the tariff dialogue with the EU as "pleasant." This statement sharply contrasts with his strong threats on social media two days earlier, when the U.S. leader accused the EU of "systematically taking advantage of U.S. trade" and threatened heavy taxes on key products such as cars and wine.
This subtle shift in policy stance has pressed the pause button on the global trade battlefield.
The timeline for this tariff policy adjustment: from the originally scheduled June 1 to July 9, conveniently crossing critical points such as the Federal Reserve's interest rate decision and the European Central Bank's monetary policy meeting.
The design of this time window suggests a deep consideration by decision-makers seeking to balance monetary policy and trade policy. As "digital gold," Bitcoin's price fluctuations are increasingly becoming an alternative barometer for observing policy games.
Against the backdrop of easing policies, Bitcoin has shown technical momentum to break through previous highs. Currently, there are two typical market expectations: in a bullish scenario, if the U.S. and Europe reach a phased trade consensus before July 9, combined with the SEC potentially approving new spot ETF applications, Bitcoin is expected to challenge the $115,000 mark.
These expectations are based on the traditional transmission chain of "risk appetite recovery - improvement in dollar liquidity - benefits for digital assets."
However, a deeper market logic is forming. Some institutional investors are starting to view Bitcoin as a "hedging tool against policy uncertainty"—when traditional safe-haven assets (such as U.S. Treasuries and gold) are constrained by the Federal Reserve's policy path, the independent value of digital assets becomes prominent. Deutsche Bank's latest report indicates that the 90-day correlation coefficient between Bitcoin and the S&P 500 has fallen below 0.3, reaching an 18-month low, and this shift in asset attributes is reshaping institutional allocation strategies.
