According to @StockMKTNewz, citing Bloomberg, the European Union is set to propose a plan to the United States to implement the next phase of the trade agreement the two sides reached this summer (Bloomberg via @StockMKTNewz, Nov 12, 2025). Trade policy uncertainty has been shown to depress investment and output and has coincided with equity price declines during spikes in uncertainty, making policy progress a key macro input for risk assets (Federal Reserve Board, FEDS Notes by Caldara, Iacoviello, Molligo, Prestipino, and Raffo, Nov 28, 2019). Because crypto has become more correlated with U.S. equities since 2020, shifts in risk sentiment from major trade policy headlines can spill over to BTC and ETH performance (International Monetary Fund, Crypto Prices Move More in Sync With Stocks, Jan 2022).

According to Stock Talk (@stocktalkweekly), the U.S. Court of International Trade has ruled that President Trump's tariffs are invalid under the International Emergency Economic Powers Act (IEEPA), stating the president lacks the authority to unilaterally impose tariffs. This decision reduces policy-related uncertainty in global trade, potentially supporting risk-on assets such as Bitcoin and other cryptocurrencies, which often benefit from increased investor confidence during periods of regulatory clarity. Traders should monitor for shifts in dollar strength and global equity markets, as reduced trade tensions may lead to short-term bullish momentum in the crypto sector. (Source: Stock Talk, May 28, 2025)

According to Bobby Ong, April’s crypto market was heavily influenced by President Trump’s 'Liberation Day' tariffs, which initially triggered a significant downturn due to heightened trade policy uncertainty. However, a subsequent pause in tariff implementation allowed markets to recover, restoring investor confidence and increasing trading activity. This period of heightened volatility also saw a noticeable shift as traders moved capital into safe-haven assets like gold, highlighting an evolving risk management strategy within crypto portfolios. These developments underscore the importance of monitoring macroeconomic events for short-term trading opportunities in the crypto sector (Source: Bobby Ong, Twitter, May 10, 2025).