According to @StockMKTNewz, major cryptocurrencies including Bitcoin (BTC), Dogecoin (DOGE), and XRP experienced a price rally following comments from U.S. Treasury Secretary Scott Bessent hinting at potential trade deals before the July 9 tariff deadline. The report noted that Bitcoin (BTC) gained over 1%, briefly surpassing $109,000, while payments-focused token XRP and Solana's SOL each rose over 2%. Meme token Dogecoin (DOGE) saw a 3% increase. This market optimism occurred despite earlier reports of calm trading and a renewal of tariff threats against Canada, which had a minimal impact. Coinbase analysts mentioned in a research report that markets have largely disregarded the potential economic risks from the tariff situation, as they are not expected to be as inflationary as previously feared.

According to @rovercrc, major cryptocurrencies including Bitcoin (BTC), Dogecoin (DOGE), and XRP rose after U.S. Treasury Secretary Scott Bessent hinted at forthcoming trade deals ahead of the critical July 9 tariff deadline. The source reports that Bitcoin briefly surpassed $109,000 and later pushed towards $110,000 following news of a U.S.-Vietnam trade agreement. Market sentiment was also boosted by the successful launch of the REX-Osprey Solana + Staking ETF (SSK), which Bloomberg analyst Eric Balchunas noted had a strong trading debut. Looking ahead, Vetle Lunde of K33 research warns that July could be a highly volatile month for Bitcoin, citing potential catalysts such as a new U.S. expansionary budget bill, the July 9 tariff deadline, and a final deadline for a crypto executive order on July 22. Despite the potential for volatility, Lunde suggests that since crypto-leverage remains contained, maintaining spot exposure is a favorable strategy.

According to @KobeissiLetter, major cryptocurrencies including Bitcoin (BTC), XRP, and Solana (SOL) rallied following comments from U.S. Treasury Secretary Scott Bessent hinting at potential trade deals before the July 9 tariff deadline. The source reports that Bitcoin (BTC) gained over 1%, briefly surpassing $109,000, while XRP and SOL each gained over 2%. Current data shows BTC trading around $109,602, up 1.38% in 24 hours. Bessent stated that if deals are not finalized, higher tariffs announced on April 2 will be reinstated on August 1, as cited by Reuters. Despite new tariff threats against Canada, Coinbase analysts noted that markets have largely disregarded these risks, believing the inflationary impact will be less than previously expected. This positive sentiment in the crypto spot market contrasted with crypto-related stocks, as Coinbase (COIN) and Circle (CRCL) fell 6% and 16% respectively.

According to @StockMKTNewz, major cryptocurrencies including Bitcoin (BTC), Dogecoin (DOGE), and XRP (XRP) experienced a significant price increase following hints from U.S. Treasury Secretary Scott Bessent about potential trade deals ahead of the July 9 tariff deadline. Bitcoin's price rebounded towards $110,000, gaining over 1% to briefly top $109,000, while XRP and Solana (SOL) each rose over 2%, and DOGE jumped 3%. The positive sentiment was further supported by Donald Trump's announcement of a trade deal with Vietnam, which boosted risk assets across the board. However, traders are bracing for a volatile July, as noted by K33's head of research, Vetle Lunde. Key events include a potential expansionary budget bill, the July 9 tariff deadline, and the final deadline for a crypto executive order on July 22. Despite these potential volatility triggers, Lunde suggests that crypto-leverage remains contained, favoring spot exposure.

According to @cas_abbe, major cryptocurrencies including Bitcoin (BTC), XRP, and Dogecoin (DOGE) experienced a significant rally following comments from U.S. Treasury Secretary Scott Bessent. Bessent hinted at the finalization of several trade deals before the July 9 tariff deadline, easing investor concerns about a potential trade war escalation. This positive macroeconomic signal pushed BTC's price briefly above $109,000, a level supported by current BTC/USDT data showing a 24-hour high of $109,076.98. The report notes that other major altcoins also saw gains, with XRP and Solana (SOL) rising over 2%, and Dogecoin (DOGE) up by 3%. This market movement contrasts sharply with the sell-off on April 2, when the initial tariff announcement caused BTC to fall to $75,000, highlighting the crypto market's sensitivity to US trade policy.

According to @KobeissiLetter, the US Trade Policy Uncertainty Index has risen to a level approximately 25% above its previous high during the Trump Trade War 1.0. The S&P 500 has experienced a decline of 10.5% over the past six weeks, placing it in correction territory and resulting in a market loss of $3 trillion within just four trading days. This situation indicates heightened market volatility and potential trading opportunities for risk-averse and short-selling strategies.