U.S.-EU Trade Deal Boosts Dollar, Crypto Volatility as Ethereum Up 3%
The U.S.-EU trade agreement signed by President Trump on July 27, 2025, triggered a surge in the U.S. dollar and induced volatility in cryptocurrency markets. The deal, which aims to regulate trade congruence by reducing tariffs and enhancing regulatory harmonization, initially spurred crypto rallies before corrections emerged, underscoring the sector’s sensitivity to macroeconomic shifts [1]. Bitcoin briefly rose above $119,000 amid improved trade optimism but later adjusted to around $118,000, while Ethereum climbed over 3% driven by ETF inflows and institutional demand [3]. The trade deal’s economic implications—reduced import costs and increased cross-border investment—could eventually bolster market confidence, though the…
