Suddenly, like a spring breeze in one night～
According to The Hill, Trump stated that he would significantly reduce the current 145% tariffs on China, but would not completely eliminate them.
The White House is actively paving the way for a US-China agreement, and Treasury Secretary Mnuchin expects the trade war to gradually "cool down."
Trump's team has received trade negotiation proposals from 18 countries and warned that if no agreement is reached after a 90-day pause, further measures will be taken.
On April 23, Bitcoin's price surged to over $93,000, reaching a recent high.
QCPCapital analysts pointed out that global risk aversion has driven funds into Bitcoin and gold, with investors withdrawing from risk assets denominated in dollars.
The US spot Bitcoin ETF is recovering, and the inflow of funds is further boosting price momentum.
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