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The crypto market may continue to be sluggish in July, with attention on Trump's trades and tariff decisions.
On July 2, K33 Research Director Vetle Lunde stated that despite July being filled with potential "Trump Trade" fluctuations, including budget proposals, tariff decisions following the restart of trade suspensions, and deadlines related to executive order crypto policies, crypto assets trading activity in July may once again be lackluster, continuing another quiet summer.
It is reported that the 90-day tariff suspension will end on July 9, which may prompt Trump to take new trade measures against specific countries. As seen earlier this year, tariff uncertainty often suppresses market momentum and could pose resistance to Bitcoin's movements in the coming weeks.