Tuesday, May 27, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Bitcoin

Trump pushes back 50% EU tariff deadline, BTC surges, HYPE jumps 46%

cryptonews100_tggfrn by cryptonews100_tggfrn
May 26, 2025
in Bitcoin
0
Trump pushes back 50% EU tariff deadline, BTC surges, HYPE jumps 46%
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!

Related articles

DJT shares drop after Trump Media announces bitcoin raise

DJT shares drop after Trump Media announces bitcoin raise

May 27, 2025
Bitcoin long-term holders accumulate as price dips to $109K

Bitcoin long-term holders accumulate as price dips to $109K

May 27, 2025


Key Takeaways

  • Bitcoin’s worth surpassed $109,000 following the extension of the EU tariff deadline.
  • The crypto market reacted positively to the announcement, with Bitcoin rising over 3% intraday.

Share this text







Bitcoin rallied previous $109,000 on Sunday night after President Donald Trump introduced he had agreed to increase a looming 50% tariff deadline on EU items to July 9.

The US President on Friday proposed a 50% tariff on all EU imports beginning subsequent month. He cited commerce imbalances and regulatory frictions because the rationale for the transfer, declaring present EU-US commerce dynamics “completely unacceptable.”

He additionally focused Apple with a possible 25% tariff on iPhones not manufactured within the US.

Bitcoin fell below $108,000 within the wake of Trump’s tariff announcement, with the correction deepening to sub-$107,000 ranges over the weekend. The digital asset rebounded following Trump’s resolution to delay the coverage.

In a Fact Social post on Sunday, Trump acknowledged that he granted the extension to July 9 after receiving assurances from von der Leyen that the EU was able to “advance talks swiftly and decisively.”

The choice, following a direct request from European Fee President Ursula von der Leyen, briefly eases mounting transatlantic commerce tensions and opens a window for renewed negotiations.

Bitcoin, which had traded flat over the weekend, surged over 1,900 factors in a matter of minutes. At press time, Bitcoin was buying and selling close to $109,000, simply round 2.5% under its all-time excessive of $111,900 set earlier this week.

As Bitcoin surged, different main crypto belongings adopted go well with. Ethereum (ETH), XRP, and Solana (SOL) all posted features after Trump’s announcement, per CoinGecko.

Amongst this week’s standout performers, Hyperliquid’s native token HYPE led the rally, climbing from $25.7 to $39, a weekly achieve of roughly 46%.

In the meantime, World’s WLF token jumped almost 25% after the challenge, helmed by OpenAI CEO Sam Altman, introduced a $135 million funding spherical led by Andreessen Horowitz and Bain Capital Crypto.

The recent capital will speed up deployment of its iris-scanning Orbs and broaden its biometric id infrastructure throughout the US and worldwide markets.

Share this text









Source link

Tags: BTCDeadlineHypejumpspushesSurgestariffTrump
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

DJT shares drop after Trump Media announces bitcoin raise

DJT shares drop after Trump Media announces bitcoin raise

by cryptonews100_tggfrn
May 27, 2025
0

Republican presidential nominee and former U.S. President Donald Trump gestures on the Bitcoin 2024 occasion in Nashville, Tennessee, U.S., July...

Bitcoin long-term holders accumulate as price dips to $109K

Bitcoin long-term holders accumulate as price dips to $109K

by cryptonews100_tggfrn
May 27, 2025
0

Bitcoin markets just lately skilled two main liquidation occasions, inflicting a cascade of compelled promoting from over-leveraged merchants, however analysts...

Trump Media plans to raise $3B to invest in crypto: report

Trump Media plans to raise $3B to invest in crypto: report

by cryptonews100_tggfrn
May 27, 2025
0

Trump Media & Expertise Group is planning to raise as a lot as $3 billion to invest in cryptocurrencies like...

Bitcoin stalls ahead of US macro data, Wall Street buys BTC

Bitcoin stalls ahead of US macro data, Wall Street buys BTC

by cryptonews100_tggfrn
May 26, 2025
0

Key takeaways:Bitcoin is caught beneath $110,000 resulting from macroeconomic uncertainty and Nvidia's earnings cap danger urge for food.Sturdy spot BTC...

Cointelegraph Bitcoin & Ethereum Blockchain News

Cointelegraph Bitcoin & Ethereum Blockchain News

by cryptonews100_tggfrn
May 26, 2025
0

BlackRock Bitcoin warning In a uncommon transfer, BlackRock has quietly added a brand new line to its iShares Bitcoin Belief...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

French police detain twenty suspects over cryptocurrency kidnappings

French police detain twenty suspects over cryptocurrency kidnappings

May 27, 2025
Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.

Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.

May 27, 2025
DJT shares drop after Trump Media announces bitcoin raise

DJT shares drop after Trump Media announces bitcoin raise

May 27, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (30) Analysis (12) Bitcoin (71) blockchain (16) BNB (17) BTC (31) Buy (29) Cardano (35) ChainLink (29) coin (17) Coinbase (13) crypto (99) Cryptocurrency (31) Detail (20) DOGE (31) Dogecoin (29) ETF (13) ETH (26) Ethereum (36) flash (21) high (13) hits (15) Inu (24) launches (12) Link (18) major (12) market (23) News (47) Polkadot (26) prediction (18) price (69) rally (21) RWA (17) SEC (12) SHIB (11) Shiba (26) SOL (29) Solana (44) Sui (37) Surge (14) top (24) trading (16) TradingView (13) Trump (33) XRP (65)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.