Crypto Market Rally Fueled by Trump’s Tariff Delay

Bitcoin’s value surged past $109,600 as President Trump announced a postponement of EU tariffs, potentially calming investor fears and boosting market confidence in the cryptocurrency space. This shift follows discussions between President Trump and European Commission President Ursula von der Leyen, who played a key role in reaching this agreement. 1.4% rise in Bitcoin’s valuation was observed following the news, aligning with broader trends of increased risk appetite within the crypto market. The U.S.-EU trade standoff is expected to calm as the temporary delay provides space for negotiations and explores new trade deals.