{"id":36546,"date":"2025-07-12T14:16:57","date_gmt":"2025-07-12T14:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36546"},"modified":"2025-07-12T14:16:57","modified_gmt":"2025-07-12T14:16:57","slug":"bitcoin-ether-tentative-xrp-steady-as-trump-announces-30-tariff-on-eu-and-mexico","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36546","title":{"rendered":"Bitcoin, Ether Tentative, XRP Steady as Trump Announces 30% Tariff on EU and Mexico"},"content":{"rendered":"
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Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU).<\/p>\n

The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to letters Trump posted on his Truth Social account.<\/p>\n

“Mexico has been helping me secure the border. BUT, what Mexico has done, is not enough,” Trump wrote<\/a> in a letter to Mexican President Claudia Sheinbaum. In another letter to European Commission President Ursula von der Leyen, Trump called the relationship with the EU far from reciprocal.<\/p>\n

Early this week, Trump issued new tariffs for several countries, including South Korea, Japan, Canada and Brazil, along with a 50% tariff on copper, triggering volatility<\/a> in the market for the red metal.<\/p>\n

Bitcoin (BTC), the leading cryptocurrency by market value, traded around $17,400 following Trump’s announcement, down 0.6% from the European session high of $18,200. Prices have failed to establish a foothold above $118,000 multile times since Friday’s early Asian trading hours, CoinDesk data show.<\/p>\n

Ether (ETH), the second-largest token, traded 1% lower on the day (UTC) at $2,930, having put in an indecisive doji candle Friday. Solana’s SOL and DOGE traded over 2% lower while BNB was down 0.7%. Meanwhile, payments-focused XRP traded relatively resilient, flashing a 1.78% gain as of writing.<\/p>\n

The weak tone followed intense bullish price action mid-week that saw BTC blow past the long-held resistance at $110K, prompting renewed risk-taking in the broader crypto market. Some analysts anticipated a continued indecisive price action over the weekend.<\/p>\n

“Expectations this weekend are we chop around in tight range today. Then Asia comes in late on Sunday evening and buys ALL the Bitcoin, and we break through $120k,” the founders of the newsletter service LondonCryptoClub said on X.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU). The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to letters Trump posted on his Truth Social account. “Mexico has been helping me […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36546","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36546"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36546\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}