🔥🔥Negotiations between the United States and the European Union, the Crypto market is about to shake ???!!!!🔥🔥
With a very important meeting between President Donald Trump and European Commission President Ursula von der Leyen taking place in Scotland. Key points:
Trump assesses the chances of reaching an agreement as “50‑50” or lower, with a deadline of August 1, when the U.S. will impose a large tax (30%) on exports from the EU if no agreement is reached.
The EU has approved a plan to impose tariffs on about 93 billion euros of U.S. goods starting August 7, if negotiations fail.
The expected agreement has a basic tax rate of about 15% — similar to the U.S.–Japan agreement — and focuses on areas such as automobiles, steel, and aluminum.
The crypto market is currently very sensitive to macroeconomic developments. Investors should closely monitor support and resistance levels and manage risk tightly as altcoins may experience significant volatility.
Altcoins are under great pressure: many coins may drop 10–20% if Bitcoin suddenly declines, and there are already signs of price drops, for example, XRP has decreased nearly 10%.