Bitcoin News Today: U.S.-EU Trade Deal Cuts Tariffs 50% as Bitcoin Surges to $119,551, Ethereum and Binance Coin Gain 3.5% 7%

The U.S. and European Union finalized a landmark trade agreement on July 28, 2025, reducing proposed tariffs by 50% and signaling a significant de-escalation in transatlantic economic tensions. The deal, announced following a summit in Scotland, imposes a 15% import tariff on most EU goods—a stark reduction from earlier plans—which has triggered a broad-based rally in global financial markets. This development has directly bolstered investor confidence, particularly in cryptocurrency and equity sectors, as macroeconomic uncertainty diminished [1].

Bitcoin surged to a peak above $120,000 within days of the announcement, settling near $119,551, while Ethereum and Binance Coin recorded gains of 3.5% and 7%, respectively. The S&P 500 and Nasdaq 100 also saw significant gains, with the former surpassing 6,400 points and the latter rising 0.4%. Analysts attribute this market upswing to the removal of a major “tail risk” for equities, a term used to describe unlikely but impactful negative events. Thomas J. Lee, CIO of Fundstrat Capital, emphasized that the agreement stabilizes risk sentiment, contrasting sharply with earlier tariff threats that had triggered sharp sell-offs [3].

The trade deal’s impact extends beyond immediate price movements. By reducing cross-border transaction costs and regulatory fragmentation fears, the agreement has encouraged institutional investors to reconsider crypto exposure. Bitcoin’s realized volatility dropped to 70% of historical averages post-announcement, reflecting a shift toward market normalization [1]. However, the rally was not without volatility. Over 94,500 traders faced liquidations totaling $255.81 million in the 24 hours following the deal, underscoring crypto’s inherent sensitivity to rapid sentiment shifts [1].

The U.S. dollar also benefited from reduced trade war concerns, appreciating against major currencies as the euro weakened. This fiat currency stability has indirectly supported crypto adoption, with investors increasingly viewing cryptocurrencies as alternatives to traditional assets in a regulatory-clarified environment. By July 26, Bitcoin was trading above $119,430, a level that aligns with broader risk-on market conditions [2].

Looking ahead, forecasts for Bitcoin remain cautiously optimistic. Analysts at Fundstrat Global Advisors predict a potential price range of $200,000 to $1 million by 2030, driven by growing institutional interest and evolving crypto banking solutions. However, these projections highlight the market’s dependence on macroeconomic stability, as geopolitical shifts or regulatory changes could reintroduce volatility [8]. The deal’s broader implications include accelerated adoption of blockchain-based financial tools, particularly in cross-border transactions, as companies seek to bypass traditional banking fees [8].

The U.S.-EU agreement sets a precedent for regulatory alignment, potentially paving the way for institutional crypto adoption. Yet, investors must remain vigilant, as Bitcoin’s dual role as both a speculative asset and a hedge against economic uncertainty ensures its price remains susceptible to global dynamics. The stabilization of trade tensions has created a favorable environment for market participants, but sustained gains will depend on the durability of this transatlantic cooperation.

Source:

[1] [Bitcoin News Today: US Trade Deals Bolster ...](https://www.ainvest.com/news/bitcoin-news-today-trade-deals-bolster-bitcoin-stability-500-rallies-21-2507/)

[2] [Trump–EU Trade War is OVER: What It Means for Bitcoin ...](https://cryptoticker.io/en/trump-eu-trade-deal-bitcoin-crypto-impact/)

[3] [Bitcoin Market Update: What's Happening to the Price?](https://www.bitrue.com/blog/bitcoin-market-update-btc-price-analysis-july-2025)

[8] [Bitcoin's Surge: How Trade Agreements Shape Crypto ...](https://www.onesafe.io/blog/bitcoin-surge-trade-agreement-impact)