November 17 2025
In the current market dynamics, President Donald Trump has postponed the implementation of a proposed 50% tariff on European Union (EU) goods until July 9. This decision has had a positive impact on the digital asset markets, with Bitcoin rose again to $109,600 during Sunday trading. Markets have seen this development as an opportunity to react to the easing of trade tensions.
The main driver of Bitcoin’s price increase was the phone call between Trump and European Commission President Ursula von der Leyen, in which the EU requested additional time to finalize a trade deal. The outlook for stock markets is also positive, with S&P 500 futures rising 0.9%, while Dow futures rose 0.8% and Nasdaq-100 futures rose 1%. These figures reflect cautious optimism that the slowdown in trade tariffs could ease the pressure on transatlantic trade, although the situation is still fragile.
Trump had initially proposed a 20% tariff on almost all EU imports in April, later lowering it to 10% to allow room for negotiations. On Friday, he threatened to increase the tariff to 50% by June 1 if negotiations did not progress, but backed down on Sunday. The new July 9 deadline has markets in a state of wait and see, with trade policy once again a source of volatility for both traditional and digital assets.
Despite the uncertainty surrounding trade policy, the overall sentiment among investors is positive, especially for those banking on a favorable outcome to US trade policy. Ryan McMillin, Chief Investment Officer at Merkle Tree Capital, notes that Bitcoin is increasingly trading in line with gold, highlighting its appeal as a non-sovereign asset and inflation hedge. With the global M2 money supply rising these days, gold has already reached record highs, and now Bitcoin has entered a similar upward spiral. McMillin expects this trend to continue in the coming months, with a price target of $120,000 and even higher.
Analysts such as Pav Hundal, chief market analyst at Swyftx, echo this optimism. Hundal points out that despite the challenges of the trade war, the current position of options investors points to increased interest in Bitcoin, with the $120.000 level as a key target. Crypto options platform Deribit has over half a billion dollars in notional volume on contracts expiring at the end of June.
The EU, which exported more than $600 billion worth of goods to the US last year, has also halted its own countermeasures on $23 billion worth of US imports. Additional measures targeting $95 billion worth of goods are currently being explored. While crypto markets remained relatively stable on Sunday, with Ethereum trading around $2,550 and Solana and Avalanche with modest gains, traders are repeatedly balancing geopolitical risks against institutional inflows and upcoming macroeconomic signals. These signals, such as the upcoming release of US core PCE inflation, are considered crucial.
Bitcoin’s recent rally lost momentum in April when the White House unveiled a global tariff framework, leading to a pullback in leveraged positions and a dampening of short-term optimism. Still, analysts believe that digital assets are currently more sensitive to macro policy signals, especially where monetary conditions and trade dynamics intersect. However, the current rally appears structurally sounder than in previous cycles, according to QCP Capital.
The ongoing shifts in the global trading environment and their effects on crypto markets require constant monitoring. With an improvement in the spatial regulatory environment and continued institutional inflows, there is a solid demand for digital assets. To make the most of these developments, it is essential for investors to keep a close eye on market dynamics and signals.
What is the recent impact of trading decisions on Bitcoin?
President Trump's decision to delay the implementation of high tariffs has led to a surge in Bitcoin, showing how sensitive the crypto market is to geopolitical developments.
How much institutional investment is there in crypto right now?
Institutional investors continue to increase their exposure to cryptocurrencies, with growing holdings through ETFs and direct purchases in the market.
What are the expectations for Bitcoin in the near future?
Analysts expect Bitcoin's price to rise to $120,000 and possibly beyond, given the favorable economic and regulatory environment.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
