Categories: Crypto

EU Trade Deal Looms Over Trump Tariff War: What’s Next for BTC USD?


Europe is preparing for another round of U.S. trade negotiations, with tariffs looming like the sword of Damocles. Everything is chopping, including BTC USD.

While diplomats talk shop, BTC ▲1.26% is pulling capital from hedge funds and pension desks alike but the price action is still muddied. Here’s what’s going on with the EU and its global impact:

Bitcoin
Price
Market Cap
BTC
$2.16T
24h7d30d1yAll time

EU Prepares for Tough Talks as Trump’s Tariff Threats Loom

This week, European Commission President Ursula von der Leyen extended an olive branch, declaring the EU prepared for a trade pact with the United States. “All options remain on the table,” she said in a NATO meeting in the Hague.

The stakes are monumental, with President Trump threatening toslap 50% tariffs on EU goods, a move that could cripple industries like automotive and steel. Germany, already bearing the brunt of existing tariffs up to 25%, feels the pressure acutely.

Belgian Prime Minister Bart De Wever distilled the sentiment, urging, “We must avoid tariffs at all costs.”

https://twitter.com/KobeissiLetter/status/1938291119483224102?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow

The European car industry is particularly vulnerable, with EU trade negotiator Maroš Šefčovič warning, “The car industry of Europe is clearly bleeding. Tariffs at this level are unsustainable.”

While the bloc considers retaliatory measures worth $95 billion should talks fail, von der Leyen proposed a broader vision of “redesigning” global trade rules, aiming for more balanced rules.

BTC USD Strength Amid Institutional Shift and Geopolitical Tensions

Behind the noise of trade talks, Bitcoin is quietly shifting hands. Wallets holding 1,000+ BTC have added 507,700 BTC over the past year, nearly 1,460 per day, according to CryptoQuant.

With daily issuance now ~450 BTC post-halving, institutions are absorbing more than retail is shedding, setting the stage for a supply squeeze.

Moreover, after brief turbulence from U.S.-Iran tensions, BTC bounced back to $107K. “This isn’t just crypto,” said analyst James Toledano. “It’s the weak dollar, falling oil, and rate cut bets driving the rebound.”

(X)

The EU’s struggle with trade barriers exposes deep vulnerabilities within its core industries, but Bitcoin’s steady performance in turbulent times tells a different story.

This widening gap between faltering old-world systems and ascendant digital alternatives speaks volumes about where the meta is trending.

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • With tariffs looming like the sword of Damocles. Everything is chopping, including BTC USD.
  • Behind the noise of trade talks, Bitcoin is quietly shifting hands.

The post EU Trade Deal Looms Over Trump Tariff War: What’s Next for BTC USD? appeared first on 99Bitcoins.



Source link

Adam Forsyth

Share
Published by
Adam Forsyth

Recent Posts

Imagen AI (IMAGE) Developer to Enable Ripple Labs Stablecoin RLUSD for Service Payments

Subtitle: RLUSD integration enhances transaction efficiency and multichain access across Imagen's AI-powered social ecosystem.…

11 minutes ago

AI job predictions become corporate America’s newest competitive sport

In late May, Anthropic CEO Dario Amodei appeared to kick open the door on a…

12 minutes ago

PH Crypto Oversight Improves, But FATF Flags Gaps on DeFi, Stablecoins, Offshore Exchanges

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas…

13 minutes ago

These 5 low-valued tokens might replicate Bitcoin’s 1000x journey by 2030

Disclosure: This article does not represent investment advice. The content and materials featured on this…

54 minutes ago

Wordle today: The answer and hints for July 3, 2025

Oh hey there! If you're here, it must be time for Wordle. As always, we're…

1 hour ago

US and EU Talks Signal Acceleration Toward Global Crypto Policy Alignment

U.S. and EU regulators ramped up digital asset coordination, signaling alignment on crypto rules, stablecoins,…

1 hour ago