The market is wrapped in a climate marked by new Trump tariff threats and the imminent legislative discussion about the sector in the US.
This Monday, July 7, the crypto market begins the week with moderate gainsbut under strong pressure due to the growing international uncertainty. Bitcoin remains below US $ 109,000, with a rise of 0.8%, in a context dominated by two key factors: the new tariff threats of President Donald Trump and the expectation for the treatment of regulatory laws on digital assets in the US congress.
Sunday, Trump announced that an additional 10% tariff will apply to countries that “align with the antiestadounidenses policies of the BRICs”without specifying what those alignments would be. In addition, since Monday, letters will begin to be sent to the commercial partners informing the specific tariffs and the negotiated conditions. The measure has as its deadline the Wednesday July 9day when the 90 -day truce agreed with several countries to avoid commercial reprisals. On this day, the main increases are registered by Stellar (3.4%) and Bitcoin Cash (1.4%).
The “Crypto Week” begins on July 14
At the same time, the crypto ecosystem is prepared for what is already called in the markets such as the “Cryptocurrency Week”from July 14when the US Congress will discuss three key projects: the Clarity Lawthe Anti-CBDC law and the Genius law. These initiatives are expected to establish a clearer legal framework for the industry and reinforce digital privacy rights.
If approved, They could provide a new impulse to the sectorespecially amid the bewilderment that many Altcoins are going through. According to 10x Research analysts, while Bitcoin ETFs continue to capture capital, the rest of the tokens experience continuous exits. “Even the best -known meme coins are in decline, but there are patterns that could anticipate a short -term rebound,” they said.
Bitcoin, resilient in front of the rest
So far this year, Bitcoin accumulates a 17% risewhile Ethereum and Solana go back 22% and 20%respectively. This 37% difference marks the best relative performance of the mother cryptocurrency compared to the main Altcoins, confirming the conservative strategy to rotate to assets with greater liquidity and institutional support.
Expectation for commercial decisions
From Etoro, analyst Simon Peters warns that this week could be key: “The market is activated again after the independence day holiday and movements are expected in response to Trump’s bill, the One Big Beautiful Bill”In addition, he points out that the expiration of the tariff pause period July 9 It could unleash new tensions if agreements are not reached with the main business partners.
“A negotiated resolution would be favorable for risk assets. Otherwise, we could see a correction,” he concluded.
Source: Ambito
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