The price of Bitcoin (BTC) is close to $ 109,000 this Sunday, July 6, promoted by positive expectations around the United States commercial policy. The digital currency had an accelerated appreciation amid signals that The US government could make several tariff agreements before Tuesday, July 9deadline for the entry into force of new higher commercial rates. The following graph, provided by TrainingView, shows the BTC movement in the last 24 hours:
Bitcoin price (BTC) in the last 24 hours. Source: TrainingView. Scott Besent, Secretary of the US Treasury, declared that Donald Trump's administration will announce «several important agreements in the coming days.» Although he refused to appoint the countries involved, he confirmed that There are active negotiations with at least 18 strategic partners95% of the American commercial deficit. In addition, the sending of tariff cards to about 100 countries with minor commercial relations is anticipated, warning of higher rates since August 1.
The financial market has reacted with optimism from these diplomatic progress signssince a successful closure of trade agreements would reduce global uncertainty. Bitcoin, as a scarce and decentralized active, usually acts as a refuge against geopolitical tensions, but also benefits in environments of greater economic certainty when investors resume risk positions. In this case, the perspective of a more foreseeable commercial environment and of lower confrontation is favoring Bitcoin's demand. Stephen Miran, president of the Economic Advisors Council of the White House, said that India and Europe are close to reaching agreements, while countries like Thailand make their last efforts to avoid sanctions. «I've heard good things about those conversations,» Miran said. Negotiations with the European Union also advance, although with caution, and there are already marks signed with the United Kingdom and Vietnam that could be replicated with other countries. While the US government presses with concessions and production relocation towards its territory, the digital asset market continues to show strength. With the deadline of July 9 on the horizon, Bitcoin's price could continue to rise if commercial ads are specified and consolidate a new climate of global optimism.
