the plan to impose a 50% tariff on EU imports has been postponed to July 9th after the weekend decision in Washington, improving market risk appetite and causing Bitcoin to rise during the European trading session. The decision to impose tariffs starting from June 1st, announced on Friday, had a negative impact on Bitcoin, but the news of the postponement to July 9th helped it rebound. Naeem Aslam, an analyst at Zaye Capital Markets, stated in a report, "Trump remains one of the most powerful market forces in the global financial ecosystem." However, due to public holidays in the US and UK on Monday, market liquidity has decreased.
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Analysis: Trump remains one of the most powerful market-moving forces in the global financial ecosystem
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