The United States and the European Union reach the tariff deal, the encryption market interacts star-news.press/wp

After a nervous period of negotiations, the United States (the United States) and the European Union (EU) signed a major trade deal before the date of the tariff on August 1. Reports sparked a gathering in the encryption market with Bitcoin, Ethereum and BNB leadership.

The United States, the fresh tariff deal in the European Union

The United States and the European Union have signed a trade agreement as a framework for the tariff war contacts between the allies. According to Reuters reportThe new arrangement will include a 15 % tariff on European Union exports that enter the United States while Europe has pledged to buy US energy and military devices.

US President Donald Trump met with European Commission President Ursula von der Lin in Scotland to settle the fine details of the deal. The new deal means that the European Union will now avoid paying a 30 % tariff on exports to the United States before Trump’s deadline on August 1.

Previously, Trump slapped a 30 % tariff for the European Union due to the trade deficit in the main sectors, with von der Lin pledged to negotiate with the United States. However, the 15 % tariff is a bad result in the negotiation process with some European Union members who put a zero tariff deal against zero.

“The European Union will agree to buy the United States of $ 750 billion in energy,” Trump said in the new deal. “In the United States, they will invest $ 600 billion in their already investment.”

Spike encryption prices after the United States and European Union commercial deal

In the following minutes of the advertisement, Coinmarketcap data He pointed out that the price of bitcoin increased by about 1 % to unify its grip at $ 119,000. Early today, Bitcoin rose to a $ 119,000 price point amid reports on a 90 -day trade truce in the United States.

Meanwhile, the second largest encrypted currency, Ethereum, rose to 3,845 dollars in an increase of 3 % in the last day. Other Altcoins joined the Rally Broad Crypto Market with a 5.64 % increase to determine the highest new level ever at $ 827.

At the time of the press, the global market value of encryption is $ 3.93 trillion, while daily trading volumes are $ 133.54 billion, which is 3 % in the last day. Previous reports on an imminent commercial deal between the European Union and the United States sent Bitcoin prices early in the week.

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Alio Bokima

Aliyu Pokima is an encrypted journalist and a tattoo of the emerging techniques with talent to cover the stories of needing needle in space. Aliyu offers urgent news stories, organizational updates, and insightful analysis with depth and accuracy. When he does not wander in the plans or the late follow -up, Aliyu enjoys playing guitar guitar, lifting weights and ran the marathon.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of digital assets with a fixed commitment to the relevant information in time.

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