The market is in the green zone following a significant deal between the United States and the European Union. The cryptocurrency market started the week with gains amid a trade agreement between the EU and the US. Key terms of the deal include: - The EU invests $600 billion in the US economy; - The EU commits to purchasing $750 billion worth of US energy resources; - The EU will open all its markets for trade with the US without tariffs; - The EU opens its markets for US agricultural products; - The US maintains a 15% tariff on EU goods (10% for the UK). In response, the crypto market showed positive reactions: - Bitcoin exceeds $119,000; - Ethereum surpasses $3,900; - Binance Coin hits a new record at $850; - Altcoins are rising following the market leaders.

Market Gains Amid US-EU Trade Deal Boosts Cryptocurrencies

The recent trade agreement between the US and EU has resulted in a bullish sentiment across financial markets. The agreement, which involves significant investments and opening of markets without tariffs, appears to boost investor confidence. Cryptocurrencies, in particular, have responded strongly, with Bitcoin, Ethereum, and Binance Coin reaching new highs. This indicates that the crypto market is increasingly influenced by macroeconomic developments and international trade relations.