The US has imposed tariffs of up to 245% on Chinese imports, escalating trade tensions that began with China's retaliatory tariffs on US goods. Both nations emphasize their national interests, indicating a crucial turning point in their trade relations.
China opposes the US's imposed tariffs, asserting that these measures result in a tariff war with no winners. In this climate of uncertainty, Bitcoin emerges as a potential hedge against market volatility.
Investors are increasingly viewing cryptocurrencies as safe havens amidst ongoing economic conflicts, with Bitcoin maintaining a significant market presence despite fluctuations.
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