Analysis: Trump Remains One of the Most Powerful Market Drivers in the Global Financial Ecosystem

According to a report by Jinse Finance, after the decision in Washington over the weekend to postpone the plan to impose a 50% tariff on EU imports until July 9, market risk appetite improved, and Bitcoin rose during the European trading session. The decision announced on Friday to impose tariffs starting June 1 had previously hit Bitcoin, but the news of the postponement to July 9 helped it rebound. Zaye Capital Markets analyst Naeem Aslam stated in a report: "Trump remains one of the most powerful market-driving forces in the global financial ecosystem." However, market liquidity decreased due to public holidays in the US and UK on Monday.