Bitcoin price levels to watch as Trump delays EU tariffs

Date: 2025-05-26

Key points:US President Donald Trump has extended the deadline of a proposed 50% tariff on EU goods to July 9.A temporary easing in trade tensions could help fuel Bitcoin’s rally to new all-time highs.Bitcoin’s (BTC) price climbed back above $109,000 during the late trading hours on May 25, as traders responded to President Donald Trump’s decision to delay the implementation of tariffs on EU goods until July 9.Data from Cointelegraph Markets Pro and TradingView revealed that BTC rose by as much as 3.2% to an intraday high of $110,100 on May 26 from a low of $106,660 on May 25. BTC/USD daily chart. Source: Cointelegraph/TradingViewTrump extends EU tariff deadlineBitcoin’s recovery above $109,000 followed Trump’s decision to delay a proposed ...

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