Bitcoin Recovers to $109,000... Investor Sentiment Improves with EU Tariff Delay

Uk Jin

Summary

Bitcoin has recovered to the $109,000 level, indicating improved investor sentiment.
The delay in tariff imposition agreed upon by President Trump and the EU has positively impacted the market.
Bitcoin is currently trading at $109,124, up 1.28% from the previous day.

Bitcoin (BTC) has announced its return to the $109,000 level during the day. Investor sentiment appears to have turned positive as it was reported that President Donald Trump and the European Union (EU) reached an agreement regarding tariffs.

As of 9 a.m. on the 26th, Bitcoin is trading at $109,124 on the Binance market, up 1.28% from the previous day.

Bitcoin, which was expected to continue its upward trend after reaching an all-time high last week, recorded a sharp decline following a remark by President Donald Trump. On the 23rd, President Trump announced that a 50% tariff would be imposed on all EU imports next month, and as a result, Bitcoin was unable to create a clear upward trend over the weekend.

However, it is analyzed that the investor sentiment for virtual assets has recovered to some extent as the Trump administration and the EU successfully reached an agreement on tariffs, postponing the implementation date of the additional 50% tariff from the original June 1 to July 9.

BTC