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July 12, 2025, 03:56:10 PM |
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Bitcoin, Ether, XRP Markets Steady as Trump Announces 30% Tariffs on EU and Mexico
Major cryptocurrencies are reacting to rising trade tensions. But XRP is holding steady, holding onto previous gains and revealing market behavior since Trump imposed 30% tariffs on EU and Mexican goods.
Key point!
Cryptocurrencies like Bitcoin and Ether are showing signs of financial market volatility, including reactions to macroeconomic and geopolitical events. A trade war or tariffs could create uncertainty that could put investors at risk.
XRP??
XRP is steady, potentially indicating stronger investor confidence or less correlation to macroeconomic headlines than BTC and ETH.
The market is likely to become more volatile and could start to react to crypto and traditional markets as trade tensions escalate.
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