“Majoor Coins Traded Tentativly as Trump escalated Trade Tensions.”, – WRITE: www.coindesk.com
The President Slapped 30% Levy on the Two Trading Partners, WHICH WILL TAKE Effect From Aug. 1, accounting to letters Trump posted on his his Truth Social Account.
“MEXICO HAS BEEN HELPING ME Secure the BORDER. But, WHAT MEXICO HAS DONE, IS NOT ENOUGH,” Trump Wrote in a Letter to Mexican President Claudia Sheinbaum. In another Letter to European Commission President Ursula Von Der Leyen, Trump Called The Relationship with the EU FROM RECIPROCAL.
Early this Week, Trump Issued New Tariffs for Several Countries, Including South Korea, Japan, Canada and Brazil, Along with A 50% Tariff on Copper, Triggering Valativity in the Market.
Bitcoin
The Leading Cryptocurrency by Market Value, Traded AROUND $ 17,400 Following Trump’s AnnounComent, Down 0.6% from the European Session High of $ 18.200. PRICES HAVE FAILED to Establish A Foothold Above $ 118,000 Multile Times Since Friday’s Early Asian Trading Hours, Coindesk Data Show.
ETHER (ETH), The Second-Largest Token, Traded 1% Lower On the Day (UTC) AT $ 2.930, Having Put in An Indecisive Doji Candle Friday. Solana’s Sol and Doge Traded Over 2% Lower Wht Bnb Was Down 0.7%. Meanwhile, Payments-Focused Xrp Traded Relative Resilient, Flashing A 1.78% Gain As of Writing.
The Weak Tone Followed Intense Bullish Price Action Mid-Week That Saw Btc Blew Past The Long-Held Resistance at $ 110k, Prompting Renewed Risk-Taking in The Broader Crypto. Some Analysts Anticipated A Continued Indecisive Price Action Over the Weekend.
“Expectations this Weekend Are We Chop Around in Tight Range Today. Thon Asia Comes in Late on Sunday Evening and Buys All The Bitcoin, and We Break Though Londoncryptoclub Said on X.
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