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Trump first notified trade partners of unilateral tariff rates on Friday
BlockBeats News, July 4th, Trump stated that the earliest the United States could start sending letters to trading partners with unilaterally set tariff rates would be Friday (local time 4th), and July 9th is the deadline for negotiations. Trump said on Thursday local time: "We may start sending some letters, probably starting tomorrow, maybe send 10 letters to different countries each day, informing them of the tariffs they need to pay to trade with the United States."
Trump said on Tuesday that he is not considering postponing next week's deadline. When asked if negotiations could be extended, U.S. Treasury Secretary Benet earlier on Thursday said Trump would make the final decision. (FX678)
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For most people, the two-week US-Iran ceasefire is about geopolitics, oil prices, and whether World War III gets postponed. But for crypto traders glued to their screens late Sunday night, it was something else entirely: the clearest risk-on signal in months.
US-Iran Ceasefire Triggers Oil Plunge, Bitcoin Surge, and Gold Rally
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From Panic to Pumps: How Bitcoin Traders Are Playing the 2-Week US-Iran Ceasefire
For most people, the two-week US-Iran ceasefire is about geopolitics, oil prices, and whether World War III gets postponed. But for crypto traders glued to their screens late Sunday night, it was something else entirely: the clearest risk-on signal in months.
US-Iran Ceasefire Triggers Oil Plunge, Bitcoin Surge, and Gold Rally
Despite the sharp rally, caution is warranted. The $70,000–$72,000 zone has historically been strong resistance. The ceasefire is only temporary (two weeks), and any breakdown in negotiations could trigger a sell-off toward the $62,000–$65,000 support zone. For now, Bitcoin needs to close decisively above $72,500 to confirm a true breakout; failure to do so within 48–72 hours could lead to a swift retracement.
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