Amid rising uncertainty regarding global trade relations, Bitcoin prices surged after President Trump extended the deadline for EU tariffs. The delay, requested by European Commission President Ursula von der Leyen, gives both sides time to negotiate a resolution on potential trade barriers. While this move has raised concerns about possible market disruptions and retaliation from the EU, industry leaders remain cautiously optimistic regarding the outcome of the talks. 50% tariffs, originally slated for June 1st, have been pushed back until July 9th, according to the official statement. Bitcoin prices are surging in anticipation of these developments, with analysts suggesting a potential for significant market volatility if negotiations stall.