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Bitcoin Price Recovers to $109,000 After Trump Extends EU Tariff Deadline

  • Bitcoin price recovered to $109,637 after Trump extended EU tariff deadline to July 9, 2025
  • Trump initially threatened 50% tariffs on EU goods but agreed to extension after call with EU Commission President
  • Bitcoin derivatives saw increased activity with 24-hour open interest rising 2.59% to $76.66 billion while US equity futures gained up to 1%
  • Gold prices dropped 0.3% as risk appetite improved, and analysts maintain bullish outlook with $120,000 Bitcoin price target for June

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