Bitcoin has updated its historical maximum amid growing investor interest. The cryptocurrency exchange rate rose to a record $112,022 due to increased risk appetite and stable demand from institutional investors. Bitcoin is supported by the friendly policy of the Donald Trump administration, as well as the plans of Trump Media & Technology Group to launch a cryptocurrency ETF with investments in BTC. On Thursday morning, bitcoin is trading at $111,296. Since the beginning of the year, the asset has risen in price by 19%, and in 12 months it has almost doubled. Trump will impose a 50% duty on copper supplied to the United States from August 1. «Having received a thorough assessment of our national security, I announce the introduction of duties on copper in the amount of 50% starting from August 1, 2025,» he wrote. On the Truth Social network, the president noted that copper is the second most used material by the US Department of Defense. The United States imposes a 50% duty on imports from Brazil from August 1. President Donald Trump announced the introduction of a 50% tariff on all imports from Brazil starting on August 1. The measure is connected, according to him, with Brazil's «attacks» on freedom of speech and elections in the United States. In response, Brazilian President Lula da Silva promised mirror measures. Earlier, Trump also announced the imposition of duties against a number of other countries, including the Philippines, Algeria and Japan. FTSE 100 has updated its historical maximum amid the growth of mining stocks. The index rose by 1.05% to a record 8,960.72 points due to rising metal prices. The leaders were Rio Tinto, Glencore, Anglo American, Fresnillo and Endeavour. Investors are ignoring trade tensions despite new US tariffs, including a 50% duty on copper imports. Since the beginning of the year, the index has gained 9.5%, supported by capital inflows and a trade agreement with the United States.
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