- Trump’s fresh tariff warnings lead to market disturbance and a sharp decline across the main encrypted currencies.
- More than 91 % of bitcoin holders remain in profit despite the recent decline.
In a sudden escalation of commercial tensions, US President Donald Trump has doubled his definition policy to reject Any postponement of the deadline looming on the horizon on July 9.
Trump tariff plans
like I mentioned Posted by Bloomberg TV, Trump has repeated his willingness to end the ongoing negotiations and impose increasing duties on many countries, including the main economic partner Japan.
He said ,
“No, I am not. I am not thinking about a pause.”
As expected, his renewable window threats have sent shock waves through financial markets, which resulted in the suspension of previous stability.
The commercial conversation of Trump is hitting the markets
After his remarks on Air Force One, the United States witnessed immediate contraction, as the S&P 500 recorded 14 points in an invested.
The encryption market reflected this turmoil, as it prompted the uncertainty surrounding international commercial talks to a sale.
Bitcoin (BTC) decreased by more than 1.5 %, while ETHEREUM (ETH) has seen a 4 % more clear decrease.
Altcoins faced sharp losses, as Ripple (XRP) decreased to $ 2.17, a decrease of 5.24 %, while DOGECOIN (Doge) decreased 3.5 % to about $ 0.75.
However, modern market signals indicate a cautious recovery take appearance.
The community also expressed his surprise in Trump’s comments, as one of them noted X userWho said,
“Wonderful, so we will not have any deal, the markets will be disrupted, the economy will be in bottom …” the art of the deal “
Trump alluded to a wonderful deal with India
Contrary to his steadfast position on tariff talks with other countries, President Trump struck a more hopeful tone regarding a possible agreement with India.
He said ,
“maybe. This will be a different type of deal. “
He added,
“It will be a deal where we can enter and compete. At the present time, India does not accept anyone in it. I think India will do that, and if they do so, we will face a deal for customs tariffs.”
This indicates that negotiations with India may follow a distinct path, and may reflect strategic considerations or mutual interests that distinguish it from broader trade conflicts.
Is Trump go in the right direction?
Amid constant uncertainty, talk CNBC Video He admitted that the Trump tariff had generated more than $ 121 billion to the United States, and it justifies his position, unlike the previous expert suspicion.
“Trump was right in everything.”
This confirms, modern data from Intotheblock reveals that more than 91 % of Bitcoin holders are currently profit, highlighting a strong and strong feeling despite short -term fluctuations caused by tariff tensions.
Meanwhile, less than 2 % of BTC holders are confused, indicating an increased confidence in potential price recovery.
Source: IntTHEBLOCK
Ensuring this outlook, Robert Keusaki, author of the book “Rich Dad, Poor Dad”, distinguished such decreases in the value of Bitcoin after Trump’s tariff ads were not a setback.
Instead, it called it a discount, which hints to confidence in the BTC path in the long term even amid geopolitical uncertainty.
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2025-07-02 14:00:00
