The main cryptocurrencies increased on Sunday morning when the United States Secretary of the Treasury, Scott Besent, hinted at the next trade agreements before the deadline for liberation day tariffs on July 9.
Bitcoin, the leading cryptocurrency for market value, won more than 1%, briefly exceeding $ 109,000. The tokens sun centered on payments and solana won more than 2% each, with Token Dogecoin de Meme
3%increase, according to the COINDESK data source. Ethereum’s Ether, the second largest token, increased 1.5% to $ 2,550.
In an interview with CNN, Besent declared that the United States is close to finishing several trade agreements before the deadline of July 9, when the temporary pause at higher rates initially announced on April 2 will expire.
“President Trump will send letters to some of our commercial partners saying that if he does not move things, then on August 1, he will return to his rate level on April 2. So I think we are going to see many offers very quickly,” said Besent, according to Reuters.
Besent explained that on July 9 it is still the deadline for negotiations, reproving the highest rates announced in early April, will enter into force as of August 1.
“We are saying that this is when it is happening. If you want to accelerate things, have it. If you want to return to the previous rate, that is your choice,” Besent told CNN, and added that some countries were “damaging the foot” upon reaching the agreements.
Since he assumed the position earlier this year, President Donald Trump has focused on making the United States again impose tariffs on the imported goods from other countries, a coercive tactic aimed at recovering commercial relations and reducing the commercial deficit of the United States.
Trump announced radical tariffs on April 2, starting with a base tax of 10% in all commercial partners and additional amounts in many countries, with some that go to 50%. The so -called release day announced a massive sale in financial markets, with US actions receiving significant success along with a strong decrease in Bitcoin, which fell to $ 75,000.
Panic probably led Trump administration to announce a 90 -day break a week later.
Since then, the call exceptional Americanism has resurfaced in financial markets, raising the main US capital rates to the registered maximums. Both the S&P 500 and the Nasdaq have surpassed their global peers, with BTC gathering to operate above $ 100,000.
