BlockBeats News, June 3rd, According to The Block, K33 Research Director Vetle Lunde stated that the 90-day tariff suspension will end on July 9th, and President Trump hopes to obtain the "One Big Beautiful Bill" budget proposal from the Senate before July 4th, setting the stage for potential turmoil at the end of June.
Lunde said: "Trump has threatened to impose a 50% tariff on the European Union and extend the tariff decision to the 90-day tariff deadline of July 9th. After Trump's comments on EU tariffs, Bitcoin fell from its all-time high and has not yet returned to this level, demonstrating the market's broad and sustained sensitivity to tariff news."
K33 also announced that after raising $6.2 million to launch its Bitcoin fund strategy, it made its first purchase of 10 BTC ($1 million).
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