Trump Delays EU Tariffs, Bitcoin Hits Record High Above $109,000

President Donald Trump announced a postponement of tariffs on European goods, shifting the deadline from June 1 to July 9, following a request by European Commission President Ursula von der Leyen. This move aims to alleviate trade tensions and has positive implications for Bitcoin’s price. Following Trump’s announcement, Bitcoin briefly surpassed $109,000, demonstrating market optimism about the easing of tensions.