One thing is certain: with Donald Trump at the head of the United States Presidency, the financial markets never be bored.
Escalation: At the beginning of April, we are witnessing a total escalation of his trade war.
Naked: After that, calm seemed to come back. The tone has become more positive and it seemed that preliminary agreements with China and the United Kingdom were being created.
Reescalada: But this week, the bomb exploded again. Trump has unexpectedly announced new import rates: 50% for the European Union and 25% on iPhones and other smartphones produced outside the United States.
Apple shares have just thrown 4% on this Trump tweet$ Aapl pic.twitter.com/x6w2zral8m
– Gurgavin (@gurgavin) May 23, 2025
After the new historic maximum of almost $ 112,000, it seemed that Bitcoin could embark on a new bull market without disruption. But nothing is further from reality, because we forget Trump and his trade war. However, it had not finished and continued to plan the market as a threat. And this threat seems to slow down the benefits for a while.
The market generally reacts excessively to this type of event. Now fears of a new phase of the trade war are valued. In theory, it could do Bitcoin price. Especially if you take into account Bitcoin which has just experienced an increase of almost 50% in less than two months.
At the same time, we must not exaggerate either, because it is very likely that new samples are part of the negotiations. After all, Trump shouted this week that the European Union is “a problematic trading partner”.
Breaking: President Trump says that a 50% rate on the European Union will start on June 1.
The trade war is back. pic.twitter.com/z3rg4hese
– The Kobeissi letter (@kobeissiletter) May 23, 2025
And, of course, in Trump’s book, problematic commercial partners are hardly treated. In fact, the trade war has never disappeared completely, but the market now feels it. In these circumstances, it is a little more unlikely that the upward market continues as well.
A crucial week arrives
Promises to be a crucial week for the bitcoin. This week, it seemed to be incredibly well for Bitcoin after the market realized that Trump did not intend to control American public spending.
In the CNN, we saw Trump’s Treasury Secretary, Scott in two, complain about the budget deficit inherited from the gross domestic product (GDP) of 6.7%. And in doing so, he said he wanted to resolve it by increasing the economy faster than debt.
We inherited a 6.7%GDP deficit, the highest external war.
Our goal is to increase the economy faster than debt, this is how we will stabilize debt to GDP. pic.twitter.com/yblwruno9t
– The secretary of the Treasury Scott Bessent (@sescottbessent) May 18, 2025
In other words, the idea is not to remove expenses, but to maintain money in circulation and stimulate the economy. This is fundamentally good for Bitcoin, but the renewed escalation of the trade war seems to make obstacles for a while.
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