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Trump–EU Trade War is OVER: What It Means for Bitcoin and Altcoins

Trump–EU Trade War is OVER: What It Means for Bitcoin and Altcoins

Cryptoticker2025/07/29 12:30
By: Cryptoticker
BTC+1.14%SOL+2.40%XRP+0.84%

Trump–EU Trade Deal: A Turning Point in Global Markets

In a surprise announcement from Turnberry, Scotland, President Donald Trump revealed that the United States and the European Union have reached a sweeping trade framework—one he’s calling “the biggest deal ever made.” The agreement includes a 15% tariff on EU imports like automobiles and semiconductors, a $750 billion energy commitment from the EU to the US, and a further $600 billion in American investments.

Ursula von der Leyen, President of the European Commission, confirmed the deal would bring “stability” and “predictability”—two factors global investors, including those in crypto, have been craving amid macro uncertainty.

Bitcoin Reacts Cautiously—for Now

Despite the historic scale of the deal, Bitcoin ($ BTC ) has barely moved in early Monday trading, currently sitting at $118,935, up just 0.66% in 24h and still down slightly 0.42% over the week. That’s a mild reaction given the geopolitical significance of the news. But make no mistake—this deal could lay the groundwork for more bullish momentum ahead.

BTC/USD price in the past week - TradingView

Here’s why:

  • Trade stability reduces global economic friction, which is often a source of FUD in crypto.
  • The $1.3 trillion combined EU commitment to US energy and investment signals increased USD strength, potentially driving institutional flows into dollar-denominated assets like Bitcoin.
  • Military and industrial investments may also indirectly boost interest in blockchain technology for secure logistics and defense supply chains.

If $Bitcoin breaks above the $120,000 resistance on the back of global optimism, this deal might be viewed in hindsight as a major catalyst.

Altcoins Remain in Sync with BTC

Altcoins typically follow Bitcoin’s price trajectory—and this time is no different. While Bitcoin stayed relatively flat, some altcoins posted modest daily gains, while others remain in recovery mode after a tough week:

Token 24h Change 7d Change
Ethereum ($ETH) +3.07% -2.41%
XRP ($XRP) +2.38% -8.53%
BNB ($BNB) +7.41% +12.21%
Solana ($SOL) +2.70% +0.99%
Cardano ($ADA) +1.73% -6.33%
Dogecoin ($DOGE) +2.27% -12.00%

 

Notably:

  • $BNB is leading the pack, perhaps driven by ecosystem-specific catalysts.
  • $ETH and $SOL are slowly recovering with positive momentum building.
  • $DOGE and $XRP are still struggling to find support, down significantly on the weekly chart.

The trade deal’s long-term economic impact could benefit altcoins across the board, especially as risk appetite returns and investors look for high-reward plays beyond Bitcoin.

Crypto Price Prediction: Macro Calm Could Spark Crypto Confidence

While the crypto charts haven’t exploded (yet), the Trump–EU trade deal removes a major source of uncertainty from the global stage. For Bitcoin and the broader crypto market, that’s bullish—even if the reaction is delayed.

If Bitcoin breaks decisively above $120K, expect altcoins to follow with sharper gains as confidence trickles down the market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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