Crypto Market Soars $100B as Bitcoin Tops $110K
Key Takeaways
- The crypto markets gained 100 billion USD within 72 hours.
- Bitcoin (BTC) rose by nearly 3%, briefly reaching 110,339 USD.
- U.S. President Trump postponed planned EU tariffs, but kept July 9 as a potential implementation date.
- Strong inflows into Bitcoin ETFs suggest continued investor interest.
Trump Postpones EU Tariffs – Markets Respond Positively
U.S. President Donald Trump’s short-term decision to temporarily suspend planned punitive tariffs on EU imports had a noticeable impact on the crypto markets. Within a few days, total market capitalization grew by approximately 100 billion USD, now sitting at around 3.44 trillion USD.
Bitcoin clearly benefited from this development. The price rose by nearly 3%, once again surpassing the 110,000 USD mark. This broke BTC out of the sideways movement that had persisted since the May 23 decline.
Tariff Pause Only Temporary?
Although the markets reacted positively, caution is warranted. Trump’s announcement included the word “extension,” indicating that the 50% tariffs have only been postponed. July 9 remains a potential date for implementation.
This uncertainty could cause short-term fluctuations. Nevertheless, the current market movement shows that Bitcoin is currently less sensitive to political news than in the past.
Strong ETF Inflows Signal Confidence
A closer look at the market data shows that not only price movements but also capital inflows are sending a strong signal. On May 23, U.S.-based spot Bitcoin ETFs recorded net inflows of 7,869 BTC — the highest daily figure since April 29.
This development reflects growing confidence among institutional investors. Despite macroeconomic uncertainties, many continue to view Bitcoin as a long-term investment.
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Bitcoin Defies Macroeconomic Headwinds
While traditional markets such as stocks and bonds are under pressure, Bitcoin remains stable. Volatility persists, but recent price movements suggest BTC is increasingly being seen as an independent store of value.
The combination of geopolitical uncertainty, rising inflation, and growing institutional interest could continue to support Bitcoin in the coming weeks.
Our Assessment
Bitcoin’s current rally is not solely based on short-term political news, but on growing market conviction. ETF inflows and relative stability in an uncertain environment point to a sustainable development.
Whether BTC reaches new all-time highs in the near future will also depend on how the situation around U.S. tariffs evolves. What is clear: the market is currently showing strength — and not just on paper. Investors should continue to monitor the situation, but avoid reacting hastily.
Sources
- Glassnode
- Truth Social
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | 107044 |
| 24h % | -0.35 % |
| 7d % | 1.88 % |
| 30d % | 2.58 % |
| 60d % | 10.44 % |
| 1y % | 70.96 % |
| Market Cap | $2,128,285,328,814.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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