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The Crypto Assets market is experiencing a strong pump, with investor sentiment soaring. Ethereum has become the focus of the day, with its price movement resembling a climb to the peak, steadily rising.
Starting from around 3728 dollars at 8 a.m., Ethereum embarked on a steady rise. After each small pump, there is a brief consolidation period, allowing the market to digest positive information. This "slow bull" price movement showcases the solid foundation of the market.
However, around 5 a.m., a major piece of news ignited the market. A significant turnaround in international trade relations occurred, with the United States and the European Union reaching an important agreement. According to the agreement, the United States will impose a 15% tariff on EU goods, in exchange for which the EU commits to investing $600 billion in the United States and purchasing $750 billion worth of American energy products. Additionally, the EU also agrees to prioritize American suppliers in military equipment procurement.
The most notable thing is that both parties have committed to reaching an agreement on chip tax policy within two weeks. This series of news instantly ignited market enthusiasm, causing Ether's price to soar like a rocket, quickly breaking through to $3886.60 from around $3800, setting a new high for the year.
Although there was a slight decline afterward, the overall market sentiment remains high. Investors and analysts are speculating whether this is part of a larger economic strategy or simply a result of international trade negotiations.
This event once again confirms the sensitivity of the Crypto Assets market to global economic and political events. Investors are closely monitoring the developments of this situation and the profound impact it may have on the digital asset market.