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EU tariffsCoinGape
•Business
Business & Economics
65% Informative
Bitcoin price surged above $109,400 in early Asian trading hours on Monday , hitting its highest level since Friday ’s close.
Trump announced via Truth Social on Sunday that the 50% tariff on EU imports would now be delayed until July 9, 2025 .
The delay provides a 6-week window for U.S. EU negotiations, lowering immediate macro risk.
BTC Funding Rate rose sharply, indicating bullish conviction among leveraged long traders.
Investors appear interpreting the delay as a risk trigger, positioning ahead of anticipated capital inflows.
Analyst Warns of a Potential Red Week for Bitcoin (BTC) Analyst with the screen name “@CarpeNoctom” posted his observations on Bitcoin ’s recent price action.
An 8-week streak of green weekly closes has occurred only three times since 2014 .
Analyst added that following 8 consecutive positive weekly closes, “the market has historically been negative one week later , but has always been positive 6 months and 1 year later .
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46
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34
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42
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English
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