Bitcoin (BTC) rebounded sharply to $109,600 in late Sunday trading, finding fresh momentum after President Donald Trump announced a delay in imposing a proposed 50% tariff on European Union goods. The delay, now pushed to July 9, gives both the U.S. and EU more breathing room to finalize a trade deal, significantly reducing some of the near-term pressure that had been weighing on markets.
This welcome reprieve has had ripple effects across traditional and crypto markets alike, with equity futures trending higher–S&P 500 up 0.9%, Nasdaq-100 gaining 1%.
Ethereum is currently trading at $2,570 after gaining 2.34% in the past 24 hours. The rise comes amid a 17% uptick in trading volume and growing interest from technical analysts.
According to crypto analyst Ted Pillows, ETH is forming an inverse head-and-shoulders pattern on the 12-hour chart, often a precur…
The post Crypto Prices Today: ETH, XRP, SOL Follow BTC Rally After President Trump’s EU Tariff Pause appeared first on Coin Edition.
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