The trade deal between the US and EU, signed by President Trump, led to significant volatility in the cryptocurrency market, affecting assets like Bitcoin and Ethereum.
Trade Deal and Its Impact on Market
The trade agreement, signed on July 27, 2025, aimed to reduce tariffs and enhance regulatory harmonization. The strengthening of the US dollar triggered initial rallies in the cryptocurrency market, highlighting the sensitivity of digital assets to macroeconomic events.
Cryptocurrency Reaction
Volatility was observed in Bitcoin, Ethereum, XRP, and Dogecoin. Bitcoin reached a record price of approximately $120,000, but then adjusted to around $118,000. Ethereum also experienced some gains, noting that institutional inflows exceeded $2.2 billion. The market capitalization of cryptocurrencies increased by $78 billion.
Outlook and Expert Opinions
Experts suggest that the market may stabilize, avoiding significant fluctuations in trading volumes. Some analysts note that similar trade deals in the past have led to analogous rallies in cryptocurrency markets. "Reducing barriers and strengthening American industry will ensure global leadership in trade and innovation" — stated Donald Trump.
The cryptocurrency market remains under pressure, but stabilization is possible given the heightened investment and positive news regarding trade agreements.
