European Stocks Rally as Crypto Market Holds Steady Postponed Tariffs

European equities opened sharply higher as the cryptocurrency market maintained stability following the postponement of U.S. tariffs on EU goods. The Stoxx 600 index surged 1% at the open, with France’s CAC 40 gaining 1.3% and Germany’s DAX climbing 1.8%.

The market rebound came after President TRUMP delayed threatened tariffs until July 9, easing tensions that had rattled global markets. The reprieve follows weekend negotiations between Trump and European Commission President Ursula von der Leyen, who signaled the bloc’s readiness to continue talks.

Digital assets showed remarkable resilience during the geopolitical uncertainty, with major cryptocurrencies holding steady despite Friday’s market turbulence. The calm in crypto markets contrasts with traditional finance’s volatility, underscoring digital assets’ growing role as a macroeconomic hedge.