Now The Point Is What is Trade War Eases ?
Lets Have a Look 💻💹
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Bitcoin tops the $100,000 mark as trade war eases. Bitcoin surged past the $100,000 mark on Thursday for the first time since February, buoyed by news of a trade agreement between Washington and London, which eased investor concerns over risky assets like cryptocurrencies.
Bitcoin tops the $100,000 mark as trade war eases
Stéphane Ifrah, Head of Investments at Coinhouse, told French news agency AFP that this development signals “a clear return of risk appetite” as the US appears more reasonable by making deals with other countries and cryptocurrencies rally.
Despite not being directly affected by these tariffs, digital currencies fell out of favour due to their reputation for high volatility, as investors opted for safer assets such as gold.