Bitcoin Prices Rise Slightly as Market Awaits U.S. Trade Policy Clarity and Legislative Developments in Crypto Week

Bitcoin prices saw a slight increase as the market awaits clarity on U.S. trade policy and upcoming legislative developments in Crypto Week starting July 14. The largest cryptocurrency rose 0.4% to $108,720.20, with subdued trading volumes amid geopolitical uncertainties.

President Trump’s expanded tariff strategy, including a 50% levy on imported copper and upcoming duties on semiconductors and pharmaceuticals, has dampened investor risk appetite. Higher tariffs on goods from Japan and South Korea, along with promises of more countries facing duties, have raised fears of a global trade war.

Crypto Week, starting July 14, is crucial for U.S. regulatory breakthroughs as lawmakers are set to address major crypto regulation bills. A potential regulatory breakthrough could attract institutional capital inflows, currently cautious due to legal uncertainties and SEC actions.

With market unease from Trump’s tariff announcements and regulatory clarity on the horizon, Bitcoin is expected to remain rangebound. Traders are advised to monitor Crypto Week closely on July 14, as it could signal a pivotal moment for U.S. digital asset regulation and the crypto market.