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Пакистан786

07/12 13:32

Trump effect on Bitcoin, Ethereum and XRP Trump a

Trump effect on Bitcoin, Ethereum and XRP

Trump administration officials had initially suggested that the U.S. would strike several deals with trade partners by Wednesday, July 9. However, instead of announcements, the President set new rates for different countries while delaying the imposition of tariffs until August 1, the next key date for crypto traders to watch.

Japan, South Korea, and several other nations face at least 25% tariffs starting from August; Brazil faces 50% tariffs, among others. The country has warned of reciprocal tariffs, with no further measures for now.

The U.S. is imposing 35% tariffs on Canada, starting August 1. Southeast Asian countries face between 30% and 40% tariffs.

Stock markets responded positively to the news and the Trump effect pushed Bitcoin to a new peak.Bitcoin-BTC-19.42.19-11-Jul-2025.png


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