#TrumpTaxCuts

Bitcoin reached nearly $94,000 after Donald Trump changed his rhetoric regarding the deal with China. The President of the United States promised to reach an agreement by lowering tariffs, which spurred growth not only in the cryptocurrency market but also in stock indices. The increase in the value of Bitcoin became part of the overall market recovery, adding $120 billion to the cryptocurrency market capitalization. The stock market also showed positive dynamics, gathering $1.5 trillion in capitalization. This indicates optimism among investors who hope for stability and the conclusion of trade disputes between the U.S. and China. The situation creates a favorable environment for recovery and further growth not only of Bitcoin but also of other assets.