the U.S. president has signed an executive order that delays his proposed tariffs on Chinese goods for another 90 days. This comes ahead of the current deadline, which was set to expire on August 12.

The $BTC price jumped following this report, reaching as high as $119,800 at press time. As CoinGape reported, the flagship crypto was eyeing a move to its current all-time high (ATH) of $123,000, following a break above $122,000 earlier in the day.