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Bitcoin Stays Strong at $84,000 Despite Rising US-China Tensions

Bitcoin stayed steady around $84,000 on Wednesday, even as the trade war between the US and China escalated.

Over the weekend, China hit US imports with 125% tariffs. In response, the US government announced even tougher measures — including a massive 245% tax on Chinese goods.

Despite the growing tension and economic uncertainty, Bitcoin was barely affected. In contrast, traditional markets dropped — the S&P 500 fell by 2.24% and the Nasdaq-100 dropped 3.04% after the news.

China Sells Seized Crypto

Due to its struggling economy, China reportedly sold off some of the confiscated cryptocurrencies it held. But even with this sell-off, Bitcoin’s price remained solid.

A Shift in Financial Behavior?

Some experts believe this could signal a big shift. Analyst Dylan Bane from Messari told FXStreet that continued tariffs might help separate Bitcoin from the stock market.

“These tariffs could lead to long-term changes in the economy,” Bane said. “Bitcoin might be seen more as a store of value that’s independent of traditional assets.”

He added that ongoing trade wars hurt global trade and could weaken the US Dollar. In that case, people might turn to Bitcoin and other cryptocurrencies as safer long-term investments.

“If people lose trust in governments and economies, they may look more seriously at crypto as a financial system that isn’t controlled by any one country,” Bane said.

In short, Bitcoin’s strong performance during these uncertain times may be a sign that it’s becoming more than just a risky investment — and possibly a safe haven for the future.

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