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Tag: Trump

Bitcoin Nears $119K Amid Trump-EU Trade Pact and China Tariff Truce

The crypto market is currently navigating a complex landscape shaped by recent trade policy developments, particularly the Trump-EU tariffs deal and ongoing US-China tariff negotiations. Trump-EU Tariffs Deal:On July 27, 2025, President Donald Trump announced a trade framework with the European Union, setting a 15% tariff on most EU imports, down from a threatened 30%. This deal, confirmed by European Commission President Ursula von der...

Bitcoin, Front page, News, Tariffs, Trump

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Trump’s Tariffs Shake Stocks, But Crypto Stays Steady: What’s Behind the Resilience?

Tariff Announcement: President Trump announced 25% tariffs on Japan and South Korea, delayed to August 1, 2025, to pressure trade negotiations. Stock Market Impact: U.S. and Asian stocks fell sharply, with Japanese automakers like Toyota dropping 4% and South Korean tech firms like LG Display declining 8.3%. Crypto Market Stability: Cryptocurrencies, including Bitcoin, saw minimal movement, with BTC dipping just 0.36% to...

Bitcoin, Front page, News, Tariffs, Trump

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Crypto Market Update: Musk’s Bitcoin Push and Altcoin Surges

Elon Musk’s announcement of the America Party, which embraces Bitcoin and deems fiat currency “hopeless,” has ignited fresh enthusiasm in the crypto market. Following a public fallout with former President Donald Trump over the U.S. debt crisis, Musk’s new political venture aims to field Congressional candidates in 2026, positioning Bitcoin as a fiscal reform tool. This move, shared via X, has amplified bullish sentiment, with Bitcoin...

Bitcoin, Crypto market, Cryptocurrencies, Elon Musk, Trump

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Musk’s New Political Venture Embraces Bitcoin Amid Trump Feud

Elon Musk’s New Party: Announced the formation of the America Party, aiming to challenge the U.S. two-party system. Pro-Bitcoin Stance: Musk confirmed the party will embrace Bitcoin, citing fiat currency’s flaws. Motivation: Triggered by a rift with President Trump over a $3.3 trillion spending bill Musk calls fiscally irresponsible. Crypto Community Reaction: Strong support from Bitcoin advocates like Max Keiser and Mario...

Bitcoin, Elon Musk, Front page, News, Trump

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How Musk and Trump’s Feud Shook the Financial World

Tesla’s Historic Loss: Tesla shares dropped 14% on June 5, 2025, erasing $150 billion in market value, the largest single-day decline in the company’s history. Trump’s Threat: President Trump threatened to terminate government subsidies and contracts for Musk’s companies, including Tesla and SpaceX, over a dispute on a tax bill. Market Ripple Effects: The Nasdaq 100 fell nearly 1%, and the S&P 500 declined as investors reacted...

Cryptocurrencies, Elon Musk, Front page, News, Trump

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