The US-EU trade agreement worth $1.35 trillion has positively influenced financial markets, including Bitcoin and traditional equities.
Key Details of the Trade Deal
The agreement, reached between US President Donald Trump and EU Commission President Ursula von der Leyen, aims to eliminate significant macroeconomic risks. The deal amounts to $1.35 trillion and involves major commitments from both sides: the EU invests $600 billion in the US, while the US purchases $750 billion in European resources.
Impact on Bitcoin and Cryptocurrencies
Following the announcement of the deal, Bitcoin surged nearly 12%, reaching levels of $119,000-$120,000. The bullish market response also affected large-cap altcoins, such as BNB, which reportedly broke all-time highs. Experts underscore that reduced macroeconomic fears are boosting interest in risk assets, including Bitcoin.
Market Trends
The deal draws parallels with similar agreements, such as the US-China trade deal, which also alleviated global uncertainties. Historical tendencies show that trade agreements tend to lift stocks and cryptocurrencies, making them more attractive to investors. Analysts and fund managers view the reduction in macroeconomic risks as a catalyst for increased allocations in risk assets.
The US-EU trade deal may lead to favorable reactions in financial markets, highlighting the growing role of Bitcoin as an investment asset amid reduced macroeconomic risks.
