#TradingPairs101 According to Odaily, Swyftx's Chief Analyst Pav Hundal has identified U.S. President Donald Trump's ongoing "tariff ultimatums" as a significant threat to Bitcoin bulls over the next two months. Hundal suggests that U.S. policymakers might wait for "hard data" before easing monetary policy, potentially slowing growth and dampening market sentiment. Previously, Bitcoin fell below $100,000 due to trade policy uncertainties and experienced volatility for three months. Despite the U.S. International Trade Court ruling Trump's tariffs invalid on May 28, he recently decided to increase foreign steel and aluminum tariffs to 50%. Hundal believes that if tariff uncertainties are resolved, Bitcoin could reach $120,000 in June.China Urges U.S. to Halt New Trade Restrictions

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According to BlockBeats, during a routine press conference held by the Ministry of Commerce on June 5, a spokesperson addressed questions regarding new U.S. restrictions on China. The spokesperson, He Yongqian, emphasized that following the release of the 'China-U.S. Geneva Trade Talks Joint Statement' on May 12, China has responsibly adhered to its obligations and actively upheld the consensus reached during the Geneva trade discussions.

In contrast, the U.S. has implemented a series of restrictive measures against China post-Geneva talks, which severely undermine the established consensus and harm China's legitimate rights. China expressed strong dissatisfaction and firm opposition to these actions, demanding that the U.S. cease immediately. The spokesperson warned that if the U.S. continues to harm China's interests, China will resolutely take effective measures to protect its legitimate rights.