“Traders Eye Renewed Upside as President Donald Trump Delayed A Decision on EU Tariffs, with Sentiment Recovering and Options Positioning Turning Bullish Again.”, – WRITE: www.coindesk.com
Price Chart On Exchange Ticking Up (Yashowardhan Singh/Unsplash)
- Bitcoin Rebounded to Just Under $ 110,000 After A Weekend Sell-Off Caused by President Trump’s Tariff Threats on the EU.
- A TEMPORARY EASING IN Trade Tensions Helped Fuel the Recovery, With US and Europe Index Futures Moving Higher.
- Cardano’s Ada and Dogecoin Led Gains Among Top Tokens, Reflection Broader Relief Across Global Risk Assets.
Rebounded to Just Under $ 110,000 On Monday After A Turbulent Weekend Sell-Off Trigger BY US President Donald Trump’s Abrabt Tariff Threats on the European Union (EU).
After the Tariff Announcement, A TEMPORARY EASING IN TRADE TENSIONS CONTRIBUTED TO A Recovery in Digital Assets. Trump Extended The Deadline for the Proced 50% Tariffs on Europe Imports to July 9, with US and European Index Futures Moving Higher Ahead of The Weekly Open.
Cardano’s Ada and Dogecoin Rose As Much As 3% in the Past 24 Hours, Leading Gains Among The Top Ten Tokens. The Bounnce Reflects Broader Relief Across Global Risk Assets: Us and Europe Equity Futures Ganeded Over 1%, The Dollar Weaned to Multi-Month Lows, and Demand For Safe Havanes Slightly.
Over The Weekend, Bitcoin Had Plunged from Above $ 111,000 to As Low As $ 108.600 in Respons to Trump’s Threats of Steep Levies on Eu Goods and Apple iPhones MANUFACTURED ABAREDDUREDDURED.
The Resulting Risk-Off Sentiment Erassed Over $ 500 Million in Long Liquidations Across The Crypto Market, with Futures Tied to Bitcoin, Ether
Cardano’s
Solana’s
and dogecoin {[Doge}}AllTakingHeavyLosses[DOGE}}alltakingheavylosses
But The Tone Shifted Early Monday. “On One Hand, This Past Weekend’s Dip Showed US How Quickly Crypto Can Fall from Macro Shocks,” Said Jeff Mei, Coo at BTSE, SAID IN A Telegram MESSAGE.
“On the Other, The Speedy Extension of Tariff Deadlines Reinforces the Belief That Worst Is Over. Traders Are Cautiouosly Accuumulating Again,“ Mei Added.
Options Flows Suggest That Optimism Is Creeping Back in. In a Broadcast Message on Saturday, Singapore-Based QCP Capital Noted A Renewed Demand for Topside Exposure, with 1,000 Contracts of the September BTC Call Being Swing.
The FIRM Pointed to A “Constructive Medium-Term Setup,“ Citing Persenti etf Inflows, Regulatory Progress in the Us Purchases.
Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.
He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.
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