The encryption markets have gained nearly $ 100 billion over the past 12 hours, as commercial tensions have declined after the recent move from US President Donald Trump.
Late on Sunday, May 25, Trump announced that it had been extending the deadline for a 50 % tariff in the European Union until July 9. He previously said that customs duties will enter into force on June 1.
“I received a call today from Ursula von der Lin, the head of the European Commission, and asked for an extension of the deadline on June 1 on a 50 % tariff regarding trade and the European Union,” he is. ” to publish On the social media platform, social truth.
He said before I agreed, “I agreed to the extension,” adding: “I had the honor to do so.”
The Fleblop tariff in the market causes turmoil in the market
On May 26, the President of the European Commission said that Europe is ready to progress in the talks quickly and decisively, adding: “To reach a good deal, we will need time until July 9.”
Good invitation with potus.
The European Union and the United States shares the most dependent and close commercial relationship in the world.
Europe is ready to advance the conversations quickly and decisively.
To get a good deal, we will need time until July 9.
– Ursula von der Linyen May 25, 2025
Whether it is intentionally or not, Trump has recently caused market fluctuations and major turmoil while changing the policies and dates of the ongoing tariff. These countries and investors have left forget about what is already going on and when deals can be made. The only deal that has been made so far with the United Kingdom.
“The European Union, which was formed for a basic purpose is to benefit from the United States in trade, was extremely difficult to deal with,” Trump was very difficult to deal with, “Trump was very difficult to deal with, Trump. He said Just a few days ago, on May 23.
“Our discussions with them do not go anywhere.”
The United States is the largest commercial partner of the European Union. She buys 21 % of her exports, and she is the leading drug, with other exports including vehicles, aircraft, engines, engines, machinery, oil oils and alcoholic beverages, according to European Union data.
The reaction of the encryption market
The encryption markets decreased late last week, as it decreased by 4 % of its multiple increase with the increase in customs tariff tensions again. The total number is currently $ 3.56 trillion, after gaining 2.5 % over the past 12 hours since the latest Trump tariff.
However, there may be more fluctuations in the store this week with GDP and inflation data due in the United States.
Bitcoin, who recently dominated feelings, increased by 1.5 % a day, traded by $ 109,650 at the time of writing this report, and recovering from the lowest level at the weekend $ 106,800, According to To Coingecko.
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