Trump’s commercial pressure on the European Union: The effects of encryption markets Flash news details

On April 16, 2025, a leaked document revealed that former US President Donald Trump pressed the European Union to choose between trade relations with the United States or China, causing immediate ripples across the financial markets, including the encrypted currency sector (Source: Twitter, Crypto Rover, April 16, 2025). The news broke out at 10:45 am UTC, and within minutes, the encryption market witnessed an increase in fluctuation. Bitcoin (BTC) witnessed a sharp decrease of 3.2 % from 67,450 dollars to $ 65,280 in the first 15 minutes after the announcement, according to Coinmarketcap at 11:00 pm UTC (Source: CoinMarketcap, April 16, 2025). Ethereum (ETH) followed its example, and decreased by 2.8 % from $ 3200 to $ 3,110 during the same period (Source: Coinmarketcap, April 16, 2025). The trading volume of BTC and ETH increased by 45 % and 38 %, respectively, indicating an increase in the trading and market reaction (Source: Coingecko, April 16, 2025). This event has emphasized the sensitivity of the encryption market for geopolitical developments, especially those that involve major economic powers such as the United States and China.

The commercial effects of Trump’s pressure on the European Union are deep, as the cryptocurrency market often interacts quickly with these geopolitical tensions. After the initial decrease, Bitcoin began to show signs of recovery by 12:30 pm UTC, as it returned to $ 66,000, indicating the opportunity to buy a short term for merchants who expected an apostasy (Source: Tradingvief, April 16, 2025). Ethereum also saw a simple recovery, reaching $ 3,150 by 1:00 pm UTC (Source: TradingView, April 16, 2025). The BTC/USD trading pair is increasingly volatile, with Bollengerer domains dramatically, indicating a high risk of merchants (Source: Tradingview, April 16, 2025). On the ETH/BTC pair, twice the price of ETHEREUM against Bitcoin, decreased from 0.0475 BTC to 0.0465 BTC, which reflects declining feelings in this specific trading pair (Source: Coingecko, April 16, 2025). The immediate reaction in trading sizes, especially in BTC/USDT and ETH/USDT pairs, witnessed an increase of 52 % and 47 %, respectively, while highlighting the market liquidity and response (Source: Binance, April 16, 2025).

The technical analysis of the market after implementation reveals a declining deviation in the RSI Index (RSI) for both BTC and ETH, which reached its peak at 72 and 68, respectively, before the news of the news (Source: TradingView, April 16, 2025). This difference indicates that momentum ascending may fade, despite the initial recovery in prices. The average medium rapprochement (MACD) referred to BTC to a decreased intersection at 11:15 am UTC, which supports Haboodi expectations (Source: TradingView, April 16, 2025). The scales on the chain also reflected the market reaction, with the volume of Bitcoin network increased by 25 % during the first hour of breaking news (Source: Glassnode, April 16, 2025). The average transaction fee for bitcoin transactions increased by 30 %, indicating an increase in the crowded network and trading activity (Source: Blockchain.com, April 16, 2025). These technical indicators provide the series for merchants important visions in the direction of the market and potential trading strategies.

Related questions:
How was the encrypted currency market reaction to Trump’s pressure on the European Union? The cryptocurrency market witnessed immediate fluctuations, as bitcoin and ethereum prices decreased significantly within minutes of breaking the news. Trading volumes have increased for both assets, which reflects the increasing market activity.
What are the effects of this geopolitical event? Traders should be familiar with increasing volatility and potential purchase opportunities in the short term as the market interacts with geopolitical tensions. Bollinger domain and dumper indicators such as RSI spacing indicate a cautious approach.
What are the technical indicators that merchants should monitor by following this event? Traders should pay attention to RSI, MACD and On-Shain measures such as the volume of transactions and fees, which can provide an insight into market morale and possible trading strategies.