According to The Kobeissi Letter, President Trump announced he received a call from the President of the EU Commission requesting the 50% tariff deadline be moved to July 9th, which he accepted (source: @KobeissiLetter, May 25, 2025). This extension temporarily reduces immediate volatility in global equities and the crypto market, as traders had anticipated sharp reactions to the original deadline. The delay allows crypto traders to reassess exposure to risk assets correlated with US-EU trade relations, potentially stabilizing short-term price movements in Bitcoin and altcoins that were sensitive to escalating trade tensions.

According to The Kobeissi Letter, US stock market futures climbed after President Trump announced an agreement to postpone the implementation of the 50% EU tariffs from June 1st to July 9th. This delay in tariff enforcement is expected to reduce immediate market uncertainty and may trigger a risk-on sentiment across global asset classes, including cryptocurrency markets. Traders should monitor potential short-term relief rallies in both equities and major cryptocurrencies as risk appetite improves in response to the news (Source: The Kobeissi Letter on Twitter, May 25, 2025).