US and EU Economic Pact Boosts Bitcoin and Ethereum, ETH ETF Approval Likely to Ignite Cryptocurrency Rally

Since I remained relatively silent, the world decided to have some fun. Here's a quick update because there have been many developments: The USA and the EU signed an agreement—Europe is purchasing energy resources worth $750 billion, injecting another $600 billion into the US economy, and buying weapons worth hundreds of billions. Tariffs, which were at 40%, were lowered to 15%—both sides benefited. This is no longer just cooperation; it’s turning into a full-fledged business romance. Amid this backdrop, the market has started to rise. This Wednesday, the interest rate was kept unchanged. However, the market expected more than just the decision itself—the focus was on what Powell would say. Powell’s mild tone caused cryptocurrencies and stocks to breathe a sigh of relief and move upward. In 2025, markets are no longer influenced solely by news but by tone and sentiment. Regarding ETF inflows this week: - ETH attracted $1.85 billion - BTC attracted only $72 million So, where are all those who claimed Ethereum was dead? Buying ETH at $3.2K was foolish, but buying at $6–8K—when it might be too late—could be a smart move. It’s the classic cycle: buy at $3K, sell at $2.5K, then buy again at $8K, thinking “it’s going up now.” Meanwhile, the SEC approved direct settlement methods for ETFs—investors can now buy directly in BTC or ETH rather than through fiat. This reduces transaction costs and makes crypto funds more rational. Arbitrage opportunities, rapid transactions, and lower costs—precisely what big players desire. Most importantly, BlackRock has filed an application for staking within an ETH ETF. If approved, Ether could surge with full force. Major firms like BlackRock are not just requesting; they are setting the rules. They are shaping the narrative—they don’t get turned down, and the system accommodates them. Additionally, the Trump tariffs deadline expired on August 1st. No new tariffs or inflation-boosting measures were introduced, easing market tension. The market prefers calm, quiet periods, which allows for discreet accumulation. Overall, everything that could push the market higher has already happened or is happening right now. If you’re still waiting to buy low, you might as well buy high, but with confidence and flair. I continue to anticipate Ethereum reaching $8K. I don’t care what skeptics say—I know what I’m doing, and the charts will confirm it.