According to Claudia Sheinbaum and Donald Trump, prices between the United States and Mexico are interrupted for a month. This has already triggered a rebound for the cryptography market, especially XRP.
However, Canadian Prime Minister Justin Trudeau severely retreated to American tariff efforts. His country is much more entangled with cryptographic markets than Mexico, presenting a real joker.
The United States and Mexico reach
The prices offered between the United States and Mexico have wreaked havoc on the cryptography market. American technology actions were already in shock from Deepseek, but new prices against Mexico, Canada and China have caused billions of cryptographic liquidations.
XRP, which has rallied more than 300% since Trump’s electoral victory, fell by more than 25% over the weekend after the American president indirectly imposed a world trade war. Altcoin de Ripple fell to $ 2.01 on Monday morning, its lowest in more than a month.
Nevertheless, Mexican President Claudia Sheinbaum concluded an agreement with Donald Trump to postpone the process.
“We had a good conversation with President Trump with great respect for our relationship and sovereignty; We have reached a series of agreements. Our teams will start working on two fronts today: security and trade. The prices will be interrupted in a month, “said Sheinbaum via social media.
Sheinbaum said his government would order the National Guard to control drug trade in the United States. Trump concluded, announcing the agreement.
Now that these new prices have apparently been interrupted, the markets have started to recover. In particular, the value of the Ripple XRP token increased by 6%.
Overall, XRP found the majority of its losses earlier during the day. In fact, most of the “Made in USA” cryptocurrencies, such as Cardano, Chainlink and Hedera, were significantly recovered as a result of the agreement.
In the future, it seems that these assets will be very motivated by political decisions and economic policies in the United States.
Macroeconomic policy and factors continue to influence the cryptography market
This development validates the predictions according to which the prices would have an opportunity to purchase in crypto. Mexico and the United States are important business partners, and Trump Trump has turned into a mutually beneficial trade agreement.
The markets sigh in relief, but there is still a fly in the ointment: a lack of progress with Canada.
Unlike his counterpart in Mexico, Canadian Prime Minister Justin Trudeau has proven to be inflexible about American prices. He denounced these actions in a major discourse, and Canada is preparing to retaliate with an offensive of trade war.
The prices against China are also apparently intact, but the country’s response is much more silent.
Canada, compared to Mexico, is significantly more tangled with the American cryptography market. Blackrock launched an ETF Bitcoin in Canada and 40% of institutional investors in the country hold the crypto.
The markets have rebounded in a set of prices, but the Canadian challenge can play a disproportionate role in this industry.
In the end, however, this situation is far too chaotic to predict with precision. Yesterbaum denounced the prices against Mexico yesterday, but shocked the markets with a successful agreement this morning.
Trump and Trudeau can reach their own reconciliation agreement, which could have a number of impacts on the cryptography market. Anyway, it is obvious that we are in a new era of chaotic price movements.
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