Bitcoin News

Story: Bitcoin Soars Past $109K as Trump Hits Pause on EU Tariff Threat What It Means for the Market

By Evie Vavasseur

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Markets React to Policy Uncertainty—Then Relief. Trump’s initial tariff threat last Friday sent shockwaves through traditional and crypto markets…

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Crypto Market Rally Broadens Beyond Bitcoin. Bitcoin’s rebound had a ripple effect across the crypto sector.

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Why Bitcoin Responds to Trade Policy Shifts. While Bitcoin is often described as “digital gold” and a hedge against inflation, its price…

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Closer Look at the Numbers

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What’s Next for Bitcoin and the Crypto Market?. The short-term outlook for Bitcoin remains bullish, especially with price levels nearing its…

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Conclusion: Relief Rally or Start of a New Bull Run?. The rapid recovery in Bitcoin's price reflects both the market’s sensitivity to global policy…

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Bitcoin rebounded sharply Sunday evening, climbing back above $109,000, after former U.S. President Donald Trump Reveal a delay to a proposed 50% tariff on European Union imports.

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The move comes just days after Trump initially proposed the sweeping trade measure, citing long-standing “unacceptable” trade imbalances between the U.S. and the EU.

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Adding fuel to the fire, Trump also floated the possibility of a 25% tariff on iPhones not manufactured in the United States—a direct shot at Apple and its reliance on global…

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However, on Sunday, Trump reversed course—at least temporarily. In a post on Truth Social, he said the delay came after European Commission President Ursula von der Leyen gave…

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"I've agreed to postpone the tariff increase until July 9," Trump wrote. "We believe there's now a real opportunity to correct the trade imbalance and make meaningful progress."

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That statement immediately shifted market sentiment. Bitcoin rallied over 1,900 points in minutes, reclaiming $109,000 and approaching its recent all-time high of $111,900, set…

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Bitcoin’s rebound had a ripple effect across the crypto sector. Leading altcoins like Ethereum (ETH), XRP, and Solana (SOL) all posted healthy gains following Trump’s Reveal,…

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Among standout performers was Hyperliquid’s HYPE token, which surged nearly 46% this week, climbing from $25.70 to $39.00.

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Also making headlines was the WLF token from the Worldcoin project, which jumped 25% following news of a major funding round.

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