The delay of Trump's 50% EU tariffs has provided some relief to global markets, but the crypto market remains sensitive to trade tensions. When the tariff was first announced, Bitcoin and major altcoins like Ethereum, Solana, and XRP experienced sharp declines, with Bitcoin dropping below $109,000 and over $130 billion wiped from the crypto market cap. This was driven by investor fears of a prolonged trade war and increased global uncertainty, which typically triggers risk-off sentiment and sell-offs in volatile assets like crypto.
With the tariff now postponed, immediate panic in crypto markets may ease, but volatility is likely to persist as traders watch for further developments in U.S.-EU trade negotiations. If talks break down and tariffs are imposed in July, another wave of selling and heightened volatility in crypto is possible. For now, crypto prices may stabilize somewhat, but the sector remains vulnerable to geopolitical shocks linked to major trade policy decisions. #BinanceAlphaAlert #TrumpMediaBitcoinTreasury $BTC $ETH $BNB