š Markets BounceāBut Tariff Anxiety Lingers š¢
As of June 12, 2025, U.S. equities, Bitcoin & gold are all surging toward record highsāan intriguingly rare simultaneous rally fueled by a significantly weaker dollar (ā9.1% YTD) and eased trade tension expectations following Trumpās announcements .
š That said, President Trump today threatened unilateral tariffs affecting over 150 trading partnersāwarning of letters outlining take-it-or-leave-it terms by July 9 . Key details include:
Steel & aluminum tariffs expanded, with 25% steel levies triggering market jitters .
U.S.āChina ādone dealā caveated with looming 55% tariffs during next phase, spurring cautious investor sentiment .
š¤ Crypto snapshot: Bitcoin has rebounded from a dip, currently trading just ~4.4% below its May highs, showing signs of resilience amid tariff chatter . The volatility index (VIX) spiked over 5% earlier, but equities stole back gains by closing flat-to-up late after tariff remarks .
šÆ Takeaway for traders:
⢠$BTC remains a strong hedge in an uncertain macro environment.
⢠Consider short-term plays around volatility, especially in stocks tied to trade-sensitive sectors (steel, autos, consumer goods).
⢠Watch for federal letters due by July 9āthey could trigger another round of volatility.