Trump Tariffs Shake Markets Again

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Hey crypto trailblazer, 👋

Bitcoin is back above $109,600 after President Trump's decision to delay a significant tariff on European Union imports. Let's dive into the details:

🇺🇸 Trump Delays EU Tariffs, Markets Respond

President Trump announced a postponement of the proposed 50% tariff on European Union goods, extending the deadline to July 9.

This decision followed a conversation with European Commission President Ursula von der Leyen, who requested additional time for trade negotiations. The delay has alleviated immediate trade tensions, leading to a positive response in U.S. equity futures and a boost in Bitcoin's price.

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📈 Bitcoin's Resurgence Amid Eased Trade Tensions

Bitcoin's price climbed back above $109,600 in late Sunday trading, recovering from a brief dip caused by initial tariff concerns. The cryptocurrency's rebound underscores its sensitivity to global economic policies and its role as a barometer for investor sentiment.

As traditional markets react to geopolitical shifts, Bitcoin continues to demonstrate its position in the broader financial landscape.

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.

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