Bitcoin regains ground amid Donald Trump’s regulatory decisions

The bitcoin rate BTC $107,001.33 Bitcoin 1.74% Market capitalization $2.13 trillion VOL. 24 hours $1.02 billion rose above $ 109,000 after US President Donald Trump announced that he would postpone the introduction of import duties from the European Union. The announcement was made on May 25, and on the night of May 26, the digital asset market reacted with a noticeable increase — bitcoin added 0.6% per day and more than 3% over the week.

As a reminder, on May 21, bitcoin updated its all-time high, exceeding $ 111,800. However, shortly afterwards, the rate dropped when Trump announced the possibility of imposing 50% duties on European goods starting June 1. The postponement until July 9, which became known after Trump’s conversation with European Commission President Ursula von der Leyen, restored investors' confidence.

Amid the positive signal, other cryptocurrencies from the top 10 in terms of capitalization also strengthened. Cardano ADA $0.65 Cardano 3.21% Market capitalization $23.33 billion VOL. 24 hours $39.85 million is the most prominent, showing an increase of more than 3% over the past day. In general, the crypto market is cautiously optimistic, despite the volatility of the previous days.

Despite the rise in prices, the volume of liquidations in the futures market remains relatively small — over $ 203 million. The main losses were incurred by long positions, although the gap between them and short positions was not significant. This indicates a restrained reaction of traders and the absence of panic.

The Fear and Greed Index increased by two points over the day, reflecting the growing interest in the market and investors' willingness to take further action. However, the further dynamics of cryptocurrencies will directly depend on the development of trade negotiations between the US and the EU in the coming weeks.