Crypto markets gained almost $100 billion in the past 12 hours as US President Trump delayed the EU tariffs deadline until July 9, easing trade tensions.
Trump's decision for a tariff extension followed a call with European Commission President Ursula von der Leyen, aiming to facilitate talks swiftly and decisively.
The continuous changes in tariff policies by Trump have led to market volatility and turmoil, impacting nations, and investors while only agreeing on a trade deal with the UK.
Bitcoin was trading at $109,650, aiming for $110K, improving sentiment in the crypto market with a 2.5% gain and potential volatility ahead due to forthcoming US GDP and inflation data.