Bitcoin (BTC) prices are close to $109,000 this Sunday, July 6th, driven by positive expectations regarding US commercial policy.
Digital currency was accelerating viewing amid the signal The US government is able to enter into several customs contracts by Tuesday, July 9thdeadline for new, higher commercial charges.
The following graph provided by TrainingView shows the movement of BTC over the past 24 hours.
US Treasury Secretary Scott Bescint has declared that Donald Trump’s administration will announce “several important agreements in the coming days.” He refused to appoint the relevant countries, but he confirmed that There are active negotiations with at least 18 strategic partners95% of the US commercial deficit. Additionally, it is expected that from August 1st they will send customs cards to around 100 countries with minor commercial ties warning of higher fees.
Financial markets responded optimistically from these signs of diplomatic progressbecause successful trade agreement closures reduce global uncertainty. Bitcoin is rare, decentralized and active, and usually serves as a shelter for geopolitical tensions, but also benefits in an environment of greater economic certainty if investors resume their risk positions. In this case, a more foreseeable commercial environment and a lower conflict outlook supports the demand for Bitcoin.
White House Economic Advisors Council Chairman Stephen Milan said India and Europe are approaching an agreement, but countries like Thailand are making last-minute efforts to avoid sanctions. “I’ve heard good things about those conversations,” Milan said. Negotiations with the European Union are also progressing, but with caution, the mark has already been signed with the UK and Vietnam, which can be replicated with other countries.
The US government is looming with concessions and transfer of production to its territory, but the digital asset market continues to show strength. The deadline for July 9th is on the horizon. Commercial advertising is designated and consolidated with a new climate of global optimism could continue to rise Bitcoin prices.