As the global market enters a 90-day truce in US-China trade, a key question arises: Is this move sufficient to reshape global liquidity and provide the momentum needed for Bitcoin to break its historic high? Let’s delve into the potential impact of this trade truce on Bitcoin's future trends.
Tariff pressures ease, and the market breathes a sigh of relief.
From May 11 to 12, the United States and China announced a temporary end to the trade dispute, immediately alleviating tensions in global markets. After months of tariff increases and economic uncertainty, both sides agreed to suspend the implementation of new trade restrictions for 90 days.